Long Term Debt, Net (Tables)

3 Months Ended

Mar. 31, 2022

Debt Disclosure [Abstract]

Schedule of Debt Issuance Costs

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
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 March 31, 2022 and December 31, 2021 were as follows (amounts in thousands):

	March 31, 2022		December 31, 2021
Outstanding principal	$	50,000	$	50,000
Deferred financing costs	(1,526)		(1,624)
Original issue discount	(235)		(249)
Long term debt, net	$	48,239	$	48,127

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 March 31,
	2022		2021
Stated interest	$	1,031	$	1,031
Amortization of deferred financing costs	97		89
Accretion of original issue discount	15		13
Interest expense	$	1,143	$	1,133

`

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 March 31,
	2022		2021
Commitment fee	$	—	$	63
Amortization of deferred financing costs	—		271
Accretion of original issue discount	—		41
Interest expense	$	—	$	375

Future Principal Payments for the Term Loan

A summary of principal payments due on the Term Loan, by year, from March 31, 2022 through maturity are as follows (amounts in thousands):

Year ending December 31,	Principal
2022 (excluding the three months ended March 31, 2022)	$	—
2023	—
2024	—
2025	50,000
2026	—
Thereafter	—
Total long term debt	$	50,000