Quarterly report [Sections 13 or 15(d)]

Debt (Tables)

v3.26.1
Debt (Tables)
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
Long-term debt consisted of the following:
June 30, 2026 December 31, 2025
(in thousands)
Repurchase promissory note, interest paid at 14.0%, due September 2028
 $ 36,062  $ 34,189 
Term loan facility, interest paid at 15.0%, due September 2027
 84,030  82,885 
VGS 1 promissory note, interest paid at 13.5%, due June 2028
 —  49,374 
VGS 2 promissory note, interest paid at 17.5%, due September 2027
 —  38,667 
VGS 3 promissory note, interest paid at 19.5%, due June 2028
 —  35,435 
VGS 4 promissory note, interest paid at 19.5%, due August 2028
 —  41,110 
VGS 5 promissory note, interest paid at 19.5%, due August 2028
 —  55,070 
Long-term debt, gross 120,092  336,730 
Less: unamortized debt issuance costs and original issue discount (238) (63,320)
119,854  273,410 
Less: current portion of long-term debt (21,800) (45,036)
Long-term debt, net $ 98,054  $ 228,374