Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2025

Long-Term Debt [Abstract]

Long-Term Debt

The amounts of long-term debt shown in the accompanying consolidated balance sheets are analyzed as follows:

	December 31, 2025			December 31, 2024
Total long-term debt
Loan agreement	$	13,900		$	16,200
Finance lease liability		21,042			—
Less: Deferred financing costs		(183	)		(269	)
Total long-term debt, net of deferred financing costs	$	34,759		$	15,931
Current portion of long-term debt
Loan agreement	$	1,170		$	2,300
Finance lease liability		1,186			—
Less: Current portion of deferred financing costs		(76	)		(87	)
Current portion of long-term debt, net of deferred financing costs	$	2,280		$	2,213
Non-current portion of long-term debt
Loan agreement	$	12,730		$	13,900
Finance lease liability		19,856			—
Less: Non-current portion of deferred financing costs		(107	)		(182	)
Non-current portion of long-term debt, net of deferred financing costs	$	32,479		$	13,718

Annual Principal Payments

During the year ended December 31, 2025, the weighted average interest rate on the borrowed portion of the term loan facility was 8.19%. The amount outstanding as of December 31, 2025, is repayable in quarterly installments, with a balloon payment due at maturity in December 2028:

Year	Amount
2026	$	1,170
2027		2,280
2028		10,450
Total	$	13,900

Finance Lease Liability

The following table presents such lease payments, including the purchase option, on an undiscounted basis:

Year	Amount
2026	$	2,737
2027		2,738
2028		19,140
Total lease payments (undiscounted)	$	24,615
Less: Discount based on incremental borrowing rate		(3,573	)
Total finance lease liability	$	21,042