Annual report [Section 13 and 15(d), not S-K Item 405]

Financing Obligations (Tables)

v3.25.1
Financing Obligations (Tables)
 12 Months Ended
Dec. 31, 2024
Financing Obligation [Abstract]  
Schedule of Financing Obligation
The following tables summarize the financing obligations and the presentation in the Consolidated Statements of Operations for the periods presented:

Year Ended December 31,
2024 2023
(in thousands)
Amortization of financing obligation assets $ 2,036 $ 1,619
Interest on financing liabilities 5,545 4,220
Schedule of Future Payments for Financing Obligations
The following table summarizes future financing obligation payments by fiscal year:

Montana Facility Financing Obligation California Facilities Financing Obligation
(in thousands)
2025 $ 1,623 $ 3,401
2026 1,655 3,503
2027 1,688 3,608
2028 1,722 3,717
2029 1,756 3,828
Thereafter 21,431 94,518
Total financing obligation payments 29,875 112,575
Unamortized deferred financing costs — (211)
Amount representing interest (20,024) (91,693)
Net financing obligation and asset at end of term 4,145 15,240
Total financing obligation $ 13,996 $ 35,911