Long Term Debt (Tables)

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Schedule of debt issuance costs

The allocation of the deferred financing costs and original issue discount between Term Loan and the DD TL on July 2, 2020 was as follows (amounts in thousands):

	July 2, 2020
	Term Loan		DD TL		Total
	Long term debt		Other current assets
Original issue discount	$	333	$	167	$	500
Deferred financing costs	2,169		1,084		3,253

Schedule of debt

The balances of the Term Loan as of December 31, 2020 were as follows (amounts in thousands):

	December 31, 2020
Outstanding principal	$	50,000
Deferred financing costs	(1,996)
Original issue discount	(307)
Long term debt	$	47,697

The balances of the BT Term Loan were as follows (amounts in thousands):

	December 31, 2019
	Current portion		Long-term
Outstanding principal	$	3,750	$	69,375
Original issue discount	—		(1,890)
Deferred financing cost	—		(5,579)
Long-term debt	$	3,750	$	61,906

Schedule of interest expense

Components of interest expense related to the Term Loan, included in interest expense (income), net on the consolidated statements of operations, was as follows (amounts in thousands):

	Year ended December 31, 2020
Stated interest	$	2,085
Amortization of deferred financing costs	173
Accretion of original issue discount	26
Interest expense	$	2,284

Interest expense related to the DD TL, included in interest (expense) income, net in consolidated statements of operations, was as follows (amounts in thousands):

	Year ended December 31, 2020
Commitment fee	$	128
Amortization of deferred financing costs	542
Accretion of original issue discount	83
Interest expense	$	753

Interest expense related to the BT Term Loan, included in interest (expense) income, net in the consolidated statements of operations was as follows (amounts in thousands):

	Year ended December 31,
	2020		2019
Interest on principal balance	$	3,773	$	4,331
Accretion of original issue discount	354		360
Accretion of amendment fee	53		—
Amortization of deferred financing costs	1,051		1,071
Total BT Term Loan interest expense	$	5,231	$	5,762

Future principal payments for the Term Loan

Scheduled principal payments on the Term Loan as of December 31, 2020 are as follows:

Year ending December 31,	Principal
2021	$	—
2022	—
2023	—
2024	—
2025	50,000
Thereafter	—
Outstanding principal	$	50,000

Schedule of extinguishment of debt

The composition of the loss on extinguishment of debt was as follows (amounts in thousands):

	July 2, 2020
Unamortized deferred financing costs	$	4,528
Unamortized original issue discount	1,538
Unamortized amendment fee	671
Prepayment premium	1,439
Other fees	25
Loss on extinguishment of debt	$	8,201