Geospace Technologies Corp. has announced an amendment to its existing corporate loan agreement with Woodforest National Bank. On August 29, 2025, the company entered into a First Amended and Restated Credit Agreement, extending its Revolving Loan and Security Agreement originally dated July 26, 2023. The revised agreement provides Geospace with a three-year revolving credit facility capped at $25 million. Interest on outstanding borrowings will accrue at the company's discretion, either at a rate of 30 Day Term SOFR plus a 2.75% margin or an Alternate Base Rate with the same margin. The agreement stipulates monthly interest payments and is secured by the company's assets, excluding certain properties. Geospace is required to maintain specific financial covenants, including a minimum consolidated tangible net worth of $85 million and minimum liquidity of $10 million. This strategic financial move aims to bolster the company's liquidity and operational flexibility.