Long Term Debt (Tables)

3 Months Ended

Mar. 31, 2026

Long-term debt consists of the following as of March 31, 2026, and December 31, 2025:

Schedule of Long Term Debt

(Amounts in Thousands)	March 31, 2026			December 31, 2025
Revolving Credit facility dated May 8, 2020, subject to monthly borrowing base calculation. Effective interest rates for first quarter of 2026 was 8.7% ⁽¹⁾	$	—		$	—
Revolving Credit facility dated May 8, 2020, subject to monthly borrowing base calculation. Effective interest rates for first quarter of 2026 was 8.7% ⁽¹⁾	$	—		$	—
Term Loan dated July 31, 2023, payable in equal monthly installments in principal of approximately $42. Effective interest rates for first quarter of 2026 was 7.6% ⁽¹⁾		1,208			1,333
Capital Loan dated May 4, 2021, payable in equal monthly installments in principal of approximately $9. Effective interest rates for first quarter of 2026 was 7.0% ⁽¹⁾		122			149
Debt Issuance Costs ⁽²⁾		(92	)⁽²⁾		(114	)⁽²⁾
Notes Payable up to 2044, with annual interest rates ranging from 8.2% to 10.7% ⁽³⁾		542			504
Total debt		1,780			1,872
Less current portion of long-term debt		574			562
Long-term debt	$	1,206		$	1,310

⁽¹⁾	Under our Credit facility, our Revolving Credit facility is collateralized by our accounts receivable, and our Term Loan and Capital Loan are collateralized by our property, plant, and equipment.

⁽²⁾	Aggregate unamortized debt issuance costs in connection with the Company’s Credit Facility.

⁽³⁾	Includes a promissory note entered into on July 24, 2024, in connection with the purchase of the Company’s EWOC property which include a variable interest rate provision, which interest rate will be adjusted at the end of years five, ten and fifteen from the date of the note.

- 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.

+ References

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+ Details

PERMA FIX ENVIRONMENTAL SERVICES INC 10-Q