Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.22.1
Debt (Tables)
 9 Months Ended
Sep. 30, 2021
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments The table below presents details of the Company’s debt as of the following periods including the effective interest rate as of September 30, 2021:
  Successor
  Effective interest rate September 30,
2021		 December 31,
2020
Adams Street Term Loan
 7.58  % $ 30,768  $ 31,000 
Adams Street Revolving Credit Facility
 7.00  —  — 
Adams Street Delayed Draw Term Loan
 7.58  14,888  — 
Adams Street Incremental Term Loan
 7.47  31,840  — 
SVB Loan
 —  —  46,500 
DSS PPP Loan
 —  —  1,058 
D&O Financing Loan 1.75  3,046  — 
Total debt
 80,542  78,558 
Less: unamortized discounts and issuance costs
 1,726  842 
Total debt, net
 78,816  77,716 
Less: Short-term debt, including current portion of long-term debt
 3,827  1,074 
Total long-term debt, net
 $ 74,989  $ 76,642 
Schedule of Maturities of Long-term Debt
The maturities of the Company’s long-term debt outstanding as of September 30, 2021 are as follows:
Remainder of 2021 2022 2023 2024 2025 Thereafter Total
Adams Street Term Loan
 $ 78  $ 310  $ 310  $ 310  $ 310  $ 29,450  $ 30,768 
Adams Street Delayed Draw Term Loan
 38  150  150  150  150  14,250  14,888 
Adams Street Incremental Term Loan
 80  320  320  320  320  30,480  31,840 
D&O Financing Loan
 1,142  1,904  —  —  —  —  3,046 
Total long-term debt maturities
 $ 1,338  $ 2,684  $ 780  $ 780  $ 780  $ 74,180  $ 80,542 
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:
Successor Predecessor
Three Months Ended September 30, 2021 Three Months Ended September 30, 2020 Nine Months Ended September 30, 2021 Period from February 10, 2020 to September 30, 2020 Period from January 1, 2020 to June 21, 2020
Interest expense on debt $ 1,740  $ 83  $ 4,933  $ 83  $ 83