Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2026


(in thousands)	March 31, 2026		December 31, 2025
Term loan with JPMorgan Chase Bank, N.A.	$	19,750	$	19,875
Finance obligations(1)	8,705		8,008
Less current portion	(977)		(835)
Less debt issuance costs	(1,073)		(1,131)
Total long-term debt	$	26,405	$	25,917

(1)Represents failed sale-leaseback arrangements related to certain reverse build-to-suit leases.

Schedule of Future Principal Maturities of Long-term Debt

Future principal maturities of long-term debt as of March 31, 2026 are as follows:



(in thousands)
Remainder of 2026	$	668
2027	1,241
2028	1,387
2029	1,930
2030	15,867
Thereafter	7,362
Total	$	28,455

Schedule of Interest Expense, Net

Interest expense, net in the condensed consolidated statements of operations was as follows:


	Three Months Ended March 31,
(in thousands)	2026		2025
Interest expense	$	525	$	2,834
Amortization of debt issuance costs and capitalized modification fees	60		355
Interest income	(163)		(147)
Interest expense, net	$	422	$	3,042

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details