Long Term Debt (Tables)

6 Months Ended

Jun. 30, 2021

Debt Disclosure [Abstract]

Schedule of Debt Issuance Costs

A summary of the allocation of the deferred financing costs and original issue discount between the 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 June 30, 2021 and December 31, 2020 were as follows (amounts in thousands):

	June 30, 2021		December 31, 2020
Outstanding principal	$	50,000	$	50,000
Deferred financing costs	(1,816)		(1,996)
Original issue discount	(279)		(307)
Long term debt	$	47,905	$	47,697

Schedule of Interest Expense

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

	Three months ended		Six months ended
	June 30, 2021		June 30, 2021
Stated interest	$	1,031	$	2,062
Amortization of deferred financing costs	92		181
Accretion of original issue discount	14		27
Interest expense	$	1,137	$	2,270

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

	Three months ended		Six months ended
	June 30, 2021		June 30, 2021
Commitment fee	$	63	$	126
Amortization of deferred financing costs	271		542
Accretion of original issue discount	42		83
Interest expense	$	376	$	751

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

	Three months ended		Six months ended
	June 30, 2020		June 30, 2020
Interest on principal balance	$	1,891	$	3,731
Accretion of original issue discount	183		350
Accretion of amendment fee	51		51
Amortization of deferred financing costs	542		1,040
Total BT Term Loan interest expense	$	2,667	$	5,172

Future Principal Payments for the Term Loan

Principal payments on the Term Loan as of June 30, 2021 are as follows (amounts in thousands):

Year ending December 31,	Principal
2021 (excluding the six months ended June 30, 2021)	$	—
2022	—
2023	—
2024	—
2025	50,000
Thereafter	—
Total long term debt	$	50,000