Debt (Tables)

3 Months Ended

Mar. 31, 2022

The table below presents details of the Company’s debt as of the following periods including the effective interest rate as of March 31, 2022:



	Effective interest rate		March 31, 2022		December 31, 2021
Adams Street Term Loan	7.58	%	$	30,613	$	30,690
Adams Street Revolving Credit Facility	—		—		—
Adams Street Delayed Draw Term Loan	7.58		14,813		14,850
Adams Street Incremental Term Loan	7.47		31,680		31,760


D&O Financing Loan	1.75		761		1,904
Total debt			77,867		79,204
Less: unamortized discounts and issuance costs			1,580		1,653
Total debt, net			76,287		77,551
Less: Short-term debt, including current portion of long-term debt			1,542		2,684
Total long-term debt, net			$	74,745	$	74,867

Schedule of Maturities of Long-term Debt

The maturities of the Company’s long-term debt outstanding as of March 31, 2022 are as follows:


	Remainder of 2022		2023		2024		2025		2026		Thereafter		Total
Adams Street Term Loan	$	233	$	310	$	310	$	310	$	29,450	$	—	$	30,613
Adams Street Delayed Draw Term Loan	113		150		150		150		14,250		—		14,813
Adams Street Incremental Term Loan	240		320		320		320		30,480		—		31,680
D&O Financing Loan	761		—		—		—		—		—		761

Total long-term debt maturities	$	1,347	$	780	$	780	$	780	$	74,180	$	—	$	77,867

Interest Income and Interest Expense Disclosure

The table below presents the interest expense on debt, including the amortization of discounts and issuance costs for the following periods:



	Three Months Ended
	March 31, 2022		March 31, 2021
Interest expense on debt	$	1,452	$	1,410

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details