BANK DEBT (Tables)

3 Months Ended

Mar. 31, 2025

BANK DEBT

Schedule of debt

Bank debt, less debt issuance costs, is presented below (in thousands):

	March 31,		December 31,
	2025		2024
Current bank debt	$	19,000	$	6,000
Less unamortized debt issuance cost		(2,035)		(1,905)
Net current portion	$	16,965	$	4,095
Long-term bank debt	$	4,000	$	38,000
Less unamortized debt issuance cost		—		(606)
Net long-term portion	$	4,000	$	37,394
Total bank debt	$	23,000	$	44,000
Less total unamortized debt issuance cost		(2,035)		(2,511)
Net bank debt	$	20,965	$	41,489

Schedule of maturities of long-term debt

Future Maturities (in thousands):
2025	$	6,000
2026		17,000
Total	$	23,000