Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.23.3
Debt (Tables)
 9 Months Ended
Sep. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The table below presents details of the Company’s debt as of the following periods and the effective interest rate as of September 30, 2023:
  Effective interest rate September 30,
2023		 December 31,
2022
Adams Street Term Loan
 12.25  % $ 30,600  $ 30,626 
Adams Street Revolving Credit Facility
 16.35  5,000  — 
Adams Street Delayed Draw Term Loan
 12.25  14,806  14,819 
Adams Street Incremental Term Loan
 12.15  31,668  31,695 
D&O Financing Loans 2.17  1,196  1,798 
Total debt
 83,270  78,938 
Less: unamortized discounts and issuance costs
 1,351  1,615 
Total debt, net
 81,919  77,323 
Less: Short-term debt, including current portion of long-term debt
 1,976  2,578 
Total long-term debt, net
 $ 79,943  $ 74,745 
As of September 30, 2023, the outstanding principal on the Adams Street Credit Agreement incurs cash interest in accordance with the prime rate plus the applicable rates as set forth in the table below:

  Eurocurrency Rate Base Rate
Term loans
 6.00  % 5.00  %
Revolving credit facility:
Aggregate principal of $5.0 million or less
6.00  5.00 
Aggregate principal in excess of $5.0 million
 7.50  6.50