Debt (Tables)

6 Months Ended

Jun. 30, 2024

Debt

Schedule of long-term debt outstanding

				June 30,			December 31,
Title	Type	Interest Rate		2024			2023
Sub-credit A	Term Loan	4.55%	$	14,391		$	13,132
Sub-credit B	Term Loan	(a)		39,119			12,937
Long-term debt principal			$	53,510		$	26,069
Unamortized debt issuance costs (b)				(907	)		(305	)
Long-term debt			$	52,603		$	25,764

(a)	A fixed rate is determined for each draw on the loan, calculated as 1.10% per year plus a fixed rate to be published by BNDES every 15 days in accordance with the BNDES Loan Agreement.
(b)	Excludes $212 thousand and $348 thousand in deferred charges as of June 30, 2024 and December 31, 2023, respectively, related to debt issuance costs that will be recognized pro-ratably when additional funds are drawn.

Schedule of long-term debt principal maturity

		Total
2024	$	-
2025		-
2026		1,333
2027		5,266
2028		6,489
Thereafter		40,422
Total	$	53,510