Aug. 13 at 4:27 AM
$SNCR
10-Q
The
$25.4 million prepayment from the tax proceeds satisfies the required quarterly principal payments, including the
$5.0 million current portion, through approximately January 2028. Accordingly, as of the date of this filing, the Company has no remaining contractual payments due on the principal balance of its long term debt for the next 12 months.
Cash on hand can be used for other purposes.
