FINANCING ARRANGEMENTS (Tables)

6 Months Ended

Jun. 30, 2024

The Company's long-term debt consisted of the following as of June 30, 2024 and December 31, 2023 (in thousands):


Creditor	Loan Type	As of June 30, 2024		As of December 31, 2023
Senior Convertible Note	Convertible note	$	15,230	$	15,230
Term Loan 2025	Loan	207,169		195,950
Komatsu Note	Loan	335		—

Citizens National Bank - Promissory Note	Loan	4,079		—

Various institutions	Short-term note	9,500		6,237
Principal amount of long-term debt		236,313		217,417
Less: unamortized discount and deferred financing costs		(24,548)		(30,354)
Total debt, net of unamortized discount and deferred financing costs		211,765		187,063
Less: current maturities, net of unamortized discount and deferred financing costs		(197,235)		(16,362)
Long-term debt, net of current maturities		$	14,530	$	170,701

Future maturities of long-term debt, excluding financing lease obligations, as of June 30, 2024 are summarized as follows (in thousands):

The components of the Convertible Senior Notes are presented as follows (in thousands):


	As of June 30, 2024		As of December 31, 2023
Principal amounts at beginning of period	$	15,230	$	95,178
Conversion of principal into common stock	—		(79,948)
Principal amounts at end of period	15,230		15,230
Unamortized discount and issuance costs	(6,553)		(7,157)
Net carrying amount at end of period	$	8,677	$	8,073