| Schedule of Long-Term Debt |
The Company's long-term debt is as follows: | | | | | | | | | | As of June 30, | As of December 31, | | 2026 | 2025 | Building financing | 1,679 | | 1,704 | | Equipment financing | 2,058 | | 1,642 | | Credit Facility | — | | 104,857 | | Unamortized transaction costs - Credit Facility | — | | (10,049) | | 2025 Convertible Notes | 593,607 | | 589,565 | | Unamortized debt discount - 2025 Convertible Notes | (16,323) | | (18,250) | | 2026 Convertible Notes | 458,334 | | — | | Unamortized debt discount - 2026 Convertible Notes | (13,526) | | — | | Total long-term debt, net of transaction cost and debt discount | 1,025,829 | | 669,469 | | Current portion of long-term debt | (6,754) | | (97,022) | | Non-current portion of long-term debt | 1,019,075 | | 572,447 | |
Movement in long-term debt is as follows: | | | | | | | | | | As of June 30, | As of December 31 | | 2026 | 2025 | | | | Balance as of January 1, | 669,469 | | 1,576 | | Issuance of long-term debt | 458,650 | | 689,306 | | Addition from business combination | — | | 880 | | Repayments | (117,194) | | (1,930) | | Interest on long-term debt | 5,975 | | 7,841 | | Transaction costs and debt discount | (13,526) | | (31,447) | | Amortization of transaction costs and debt discount | 2,656 | | 3,148 | | Loss on extinguishment of long-term debt | 19,858 | | — | | Foreign exchange | (59) | | 95 | | Balance as of period end | 1,025,829 | | 669,469 | |
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