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Note 6 - Borrowings (Tables)
12 Months Ended
Dec. 31, 2024
Notes Tables  
Schedule of Funded Debt to Adjusted Ratio Percentage [Table Text Block]

Funded Debt to

EBITDA Ratio

 

Revolving

Commitment

ABR Spread

   

Revolving

Commitment Term

Benchmark Spread

   

Letter of

Credit Fee

   

Commitment

Fee Rate

 

Category 1

Greater than or equal to 2.50 to 1.0

    0.25 %     2.00 %     2.00 %     0.30 %

Category 2

Greater than or equal to 1.50 to 1.0 but less than 2.50 to 1.0

    -0-       1.75 %     1.75 %     0.25 %

Category 3

Less than 1.50 to 1.0

    (0.25 %)     1.50 %     1.50 %     0.20 %
Schedule of Long-Term Debt Instruments [Table Text Block]

In Thousands

 

2024

   

2023

 
                 

Senior secured revolving credit facility of $60.0 million with a maturity of January 21, 2027. The interest rate at December 31, 2024 was 7.25% and 8.54% at December 31, 2023.

  $ -     $ 18,158  
                 

Term loan of $50.0 million with a maturity date of January 21, 2027. The interest rate at December 31, 2024 and December 31, 2023, was 2.97%.

    25,595       32,738  
                 
      25,595       50,896  

Current portion of long-term debt

    (7,143 )     (7,143 )
    $ 18,452     $ 43,753