v3.26.1
DEBT (Tables)
3 Months Ended
Mar. 31, 2026
DEBT  
Schedule of aggregate principal amount of outstanding notes payable and the interest rates

The following tables set forth the aggregate principal amount (in thousands) under the Company’s outstanding notes payable and the interest rates as of March 31, 2026, and December 31, 2025:

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​

  ​ ​ ​

March 31, 2026

  ​ ​ ​

December 31, 2025

Geospace Notes payable

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​

  ​ ​ ​

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​

  ​ ​ ​

Aggregate principal amount outstanding

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$

16,142

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$

14,731

Interest rate of 8.75%

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​

​

​

​

​

​

​

​

​

​

​

​

​

  ​ ​ ​

March 31, 2026

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December 31, 2025

Notes payable to finance company for insurance

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​

​

​

​

​

Aggregate principal amount outstanding

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$

260

​

$

258

Interest rates range from 6.60% to 7.49%

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​

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​

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Schedule of aggregate maturities of notes payable

The aggregate maturities of notes payable as of March 31, 2026, are as follows (in thousands):

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​

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April 2026 - March 2027

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$

6,081

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​

​

April 2027 - March 2028

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​

6,244

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​

​

April 2028 - March 2029

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​

4,077

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​

​

Obligations under notes payable

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$

16,402

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​

​

Schedule of aggregate maturities of finance leases

The aggregate maturities of finance leases (net of imputed interest) as of March 31, 2026, are as follows (in thousands):

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​

​

​

​

​

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April 2026 - March 2027

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$

1,238

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​

​

April 2027 - March 2028

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​

919

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​

​

April 2028 - March 2029

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​

387

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​

​

April 2029 - March 2030

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​

99

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​

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April 2030 - March 2031

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​

—

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​

​

Obligations under finance leases

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$

2,643

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​