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Note 6 - Financial Instruments and Fair Value Measurements
9 Months Ended
Sep. 30, 2024
Notes to Financial Statements  
Derivatives and Fair Value [Text Block]

NOTE 6FAIR VALUE MEASUREMENTS

 

The carrying amounts of cash and cash equivalents, accounts payable and accrued expenses, approximate fair value due to the short-term nature of these instruments. The Company estimates the approximate fair value of its long-term debt as of September 30, 2024 to be $656.5 million based on the terms of the agreements and comparable market data as of September 30, 2024. As of September 30, 2024 and December 31, 2023, the Company had no other significant liabilities that were measured at fair value on a recurring basis.