a.k.a. Brands

As of June 30, 2026, total debt was about $100 million (term loan and revolver) against $21 million of cash.

The amended credit facility matures in October 2028 with step-down amortization and leverage and fixed-charge covenants; the company reported compliance and lower interest expense in 1H 2026. Interest coverage on TTM adjusted EBITDA is acceptable but not robust.

Liquidity benefited from one-time IEEPA tariff refunds; excluding these, free cash flow remains thin given interest and growth capex.