Quarterly report pursuant to Section 13 or 15(d)

DEBT (Tables)

v3.24.3
DEBT (Tables)
9 Months Ended
Sep. 30, 2024
DEBT  
Schedule of debt obligation

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September 30,

​

December 31,

($’s in thousands)

    

2024

    

2023

Principal balance

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$

20,000

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$

15,000

Plus: Exit fee

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1,000

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750

Less: Debt discount and fees

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(1,215)

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(1,128)

Net carry amount (Long-term)

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$

19,785

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$

14,622

Schedule of carrying value of long-term debt

As of September 30, 2024, the contractual maturities of the long-term debt, including the payment of the exit fee, are as follows (dollars in thousands):

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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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6,000

2027

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15,000

Total

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21,000

Debt discount

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(1,215)

Total, net

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19,785

Current portion

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—

Term-loan (long-term)

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$

19,785

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