Debt (Tables)

9 Months Ended

Sep. 30, 2025

The Company’s outstanding debt is shown in the following table (dollars in thousands):


	Maturity Dates	Interest Rates	September 30,		December 31,
			2025		2024

Term loans secured by all assets	04/2026 - 09/2035	3.60 - 12.00%	$	13,924	$	9,665
Term loans secured by property and equipment	11/2025 - 1/2030	3.41 - 7.82%	7,295		9,028
Term loan secured by deposits	04/2025	7.36%	—		1,989
Line of credit secured by all assets	10/2025 - 01/2026	3.25 - 8.50%	5,304		3,521
Term loans of consolidated Real Estate Entities	05/2028 - 03/2037	3.50 - 3.59%	10,879		11,811
Seller note	09/2035	8.00%	5,800		—
Deferred payment	09/2035	10.00%	1,000		—
Unsecured convertible term notes	10/2025	8.00 - 10.00%	4,908		5,385
Total			49,110		41,399
Less: unamortized issuance costs and discount			228		984
Less: short-term lines of credit			5,304		3,554
Less: current portion of long-term debt			18,004		14,395
Total long-term debt			$	25,574	$	22,466