| Schedule of Long-term Debt and Liabilities |
Long-term debt and liabilities consisted of the following at:
|
|
|
|
|
|
|
|
|
September 30, |
|
|
December 31, |
|
|
2026 |
|
|
2025 |
|
BMO credit agreement |
$ |
37,687,500 |
|
|
$ |
39,625,000 |
|
Insurance notes payable |
|
- |
|
|
|
166,108 |
|
Long-term debt and liabilities, gross |
|
37,687,500 |
|
|
|
39,791,108 |
|
Less: Unamortized debt issuance costs |
|
(316,998 |
) |
|
|
(507,196 |
) |
Long-term debt and liabilities, net of debt issuance costs |
|
37,370,502 |
|
|
|
39,283,912 |
|
Less: Current portion of long-term debt |
|
(3,093,750 |
) |
|
|
(2,416,108 |
) |
Long-term debt and liabilities, net |
$ |
34,276,752 |
|
|
$ |
36,867,804 |
|
|
| Schedule of Future Maturities of Long-term Obligations |
As of September 30, 2026, future maturities of our long-term obligations are as follows:
|
|
|
|
|
|
|
Total |
|
Years ended December 31, |
|
|
|
2026 |
|
|
562,500 |
|
2027 |
|
|
3,375,000 |
|
2028 |
|
|
33,750,000 |
|
Long-term debt and liabilities, gross |
|
$ |
37,687,500 |
|
|