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Bank Credit Agreements and Other Short-Term and Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Debt

Borrowings outstanding as of December 31, 2024 and December 31, 2023, are set forth in the table below:

 

 

December 31,

 

 

 

 

 

Description

 

2024

 

 

2023

 

 

Interest Rate

 

Current Amount Maturity

Short-term debt

 

$

31,429

 

 

$

40,685

 

 

Various indices plus margin

 

Various during 2025

 

 

 

 

 

 

 

 

 

 

 

Long-term debt

 

 

 

 

 

 

 

 

 

 

Notes payable to Bank of Taiwan

 

 

1,593

 

 

 

1,880

 

 

2-yr deposit rate floating plus 0.1148%

 

June 2033

Notes payable to Bank of Taiwan

 

 

3,052

 

 

 

1,626

 

 

2-yr deposit rate floating plus 0.082%

 

September 2026

Notes payable to CTBC Bank

 

 

3,052

 

 

 

3,252

 

 

TAIBOR 3M plus 0.5%

 

March 2026

Notes payable to CTBC Bank

 

 

11,606

 

 

 

13,098

 

 

TAIBOR 3M plus 0.5%

 

May 2028

Notes payable to E Sun Bank

 

 

148

 

 

 

217

 

 

1-M deposit rate floating plus 0.08%

 

July 2027

Notes payable to E Sun Bank

 

 

1,064

 

 

 

1,325

 

 

1-M deposit rate floating plus 0.08%

 

July 2030

Notes payable to E Sun Bank

 

 

144

 

 

 

-

 

 

Variable

 

September 2026

Total long-term debt

 

 

20,659

 

 

 

21,398

 

 

 

 

 

Less: Current portion of long-term debt

 

 

(1,096

)

 

 

(4,419

)

 

 

 

 

Total long-term debt, net of current portion

 

$

19,563

 

 

$

16,979

 

 

 

 

 

Schedule of Maturities of Long Term Debt

The table below sets forth the annual contractual maturities of long-term debt at December 31, 2024:

 

2025

 

$

1,096

 

2026

 

 

7,309

 

2027

 

 

1,130

 

2028

 

 

9,936

 

2029

 

 

385

 

2030 and thereafter

 

 

803

 

Total long-term debt

 

$

20,659