v3.25.4
Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Debt

Debt consisted of the following:

 

Schedule of Debt 

   2024   2023 
   December 31, 
   2024   2023 
   (In thousands) 
Secured notes  $5,666   $33,516 
Deferred financing costs   —    (384)
Total  $5,666   $33,132 
Debt – current portion   5,666    21,191 
Long-term debt – less current portion  $—   $11,941 
Schedule of Maturities of Long-Term Debt

The future minimum aggregate payments for the above borrowings are equal to the expected payments made following the Exchange, beginning are as follows as of December 31, 2024:

 

   (In thousands) 
2025  $5,993 
2026   — 
Long Term Debt  $5,993