Quarterly report pursuant to Section 13 or 15(d)

DEBT (Tables)

v3.24.1.1.u2
DEBT (Tables)
3 Months Ended
Mar. 31, 2024
DEBT  
Schedule of debt obligation

March 31,

December 31,

($’s in thousands)

    

2024

    

2023

Principal balance

$

15,000

$

15,000

Plus: Exit fee

 

750

 

750

Less: Debt discount and fees

$

(1,066)

$

(1,128)

Net carry amount (Long-term)

$

14,684

$

14,622

Schedule of carrying value of long-term debt

Years ending December 31,

    

Term Loan

Remainder of 2024

$

2025

 

2026

 

4,500

2027

 

11,250

Total

 

15,750

Debt discount

 

(1,066)

Total, net

 

14,684

Current portion

 

Term-loan (long-term)

$

14,684