XML 89 R77.htm IDEA: XBRL DOCUMENT v3.25.4
Long-Term Debt - Lafayette Square (Details)
$ in Thousands
9 Months Ended 12 Months Ended 24 Months Ended
Sep. 08, 2025
USD ($)
Dec. 27, 2024
USD ($)
Oct. 15, 2024
USD ($)
Jun. 30, 2024
USD ($)
Oct. 03, 2023
USD ($)
Jun. 01, 2023
Jul. 28, 2022
USD ($)
Dec. 03, 2021
USD ($)
Sep. 30, 2025
USD ($)
Sep. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2023
USD ($)
Aug. 08, 2025
USD ($)
Dec. 01, 2024
Long-Term Debt                              
Payment of deferred financing costs                     $ 26 $ 576      
Debt discount                 $ 93   1,671 0 $ 0    
Debt issuance costs                 3,626   4,238 1,688 1,688    
Accrued interest                 $ 0   $ 50 36 36    
Credit Facility 2021 | Line of Credit                              
Long-Term Debt                              
Debt instrument, covenant, leverage ratio                     1.5        
Debt instrument, covenant, pro forma liquidity, minimum                     $ 15,000        
Closing Date Term Loan | Line of Credit                              
Long-Term Debt                              
Installment payments                     $ 300 $ 100 $ 100    
Delayed Draw Term Loan                              
Long-Term Debt                              
Amount of proceeds         $ 3,600                    
Delayed Draw Term Loan | Line of Credit                              
Long-Term Debt                              
Debt instrument quarterly installment payment (as percent)                 1.25%   1.25% 0.625% 0.625%   0.625%
Secured Debt | 2024 Credit Facility | Line of Credit                              
Long-Term Debt                              
Commitment fee percentage       0.50%                      
Commitment fee amount       $ 100                      
Payments of debt issuance costs     $ 100                        
Secured Debt | 2024 Credit Facility | Minimum | Line of Credit                              
Long-Term Debt                              
Interest period, term (in months)       1 month                      
Secured Debt | 2024 Credit Facility | Maximum | Line of Credit                              
Long-Term Debt                              
Interest period, term (in months)       3 months                      
Lafayette Square | Interest Period of One Month                              
Long-Term Debt                              
Basis spread agreed (as percent)           0.10%                  
Lafayette Square | Interest period of three months                              
Long-Term Debt                              
Basis spread agreed (as percent)           0.15%                  
Lafayette Square | Interest period of six months                              
Long-Term Debt                              
Basis spread agreed (as percent)           0.25%                  
Lafayette Square | Credit Facility 2021                              
Long-Term Debt                              
Borrowing capacity $ 3,800 $ 6,000           $ 32,000              
Line of credit facility, prepayments   4,000                          
Line of credit facility, interest reserve $ 100 2,000                          
Unrestricted cash   750                          
Prepaid exit fee   3,000                 $ 3,000        
Debt issuance costs   3,000                       $ 21,400  
Fees paid to third parties   $ 100                          
Outstanding borrowings                     37,400        
Payment of deferred financing costs                 $ 1,200 $ 0 3,300 $ 100      
Debt discount                     1,700 0 $ 0    
Debt issuance costs                 3,600   4,200 1,700 1,700    
Accrued interest                 $ 800   $ 0 $ 0 $ 0    
Lafayette Square | Credit Facility 2021 | Minimum                              
Long-Term Debt                              
Spread on variable rate (as percent)               7.00%              
Debt instrument, covenant, leverage ratio               3.50              
Lafayette Square | Credit Facility 2021 | Maximum                              
Long-Term Debt                              
Spread on variable rate (as percent)               10.00%              
Debt instrument, covenant, leverage ratio               1.00              
Lafayette Square | Closing Date Term Loan                              
Long-Term Debt                              
Borrowing capacity               $ 22,000              
Lafayette Square | Delayed Draw Term Loan                              
Long-Term Debt                              
Borrowing capacity               $ 10,000              
Amount of proceeds             $ 4,300