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

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March 31,

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December 31,

($’s in thousands)

    

2024

    

2023

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Principal balance

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$

15,000

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$

15,000

Plus: Exit fee

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750

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750

Less: Debt discount and fees

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$

(1,066)

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$

(1,128)

Net carry amount (Long-term)

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$

14,684

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$

14,622

Schedule of carrying value of long-term debt

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Years ending December 31,

    

Term Loan

Remainder of 2024

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$

—

2025

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—

2026

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4,500

2027

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11,250

Total

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15,750

Debt discount

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(1,066)

Total, net

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14,684

Current portion

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—

Term-loan (long-term)

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$

14,684

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