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Long Term Debt (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Debt 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 LoanDD TLTotal
Original issue discount$333 $167 $500 
Deferred financing costs2,169 1,084 3,253 
The balances of the Term Loan as of December 31, 2022 and 2021 were as follows (amounts in thousands):
December 31,
20222021
Outstanding principal$50,000 $50,000 
Deferred financing costs(1,219)(1,624)
Original issue discount(187)(249)
Long term debt, net$48,594 $48,127 
Schedule of Interest Expense
Interest expense related to the Term Loan, included in interest expense, net in the consolidated statements of operations, was as follows (amounts in thousands):
Year Ended December 31,
202220212020
Stated interest$4,559 $4,182 $2,085 
Amortization of deferred financing costs405 372 173 
Accretion of original issue discount62 58 26 
Interest expense$5,026 $4,612 $2,284 
Interest expense related to the DD TL, included in interest expense, net in the consolidated statements of operations, was as follows (amounts in thousands):
Year Ended December 31,
202220212020
Commitment fee$— $126 $128 
Amortization of deferred financing costs— 542 542 
Accretion of original issue discount— 83 83 
Interest expense$— $751 $753 
Interest expense related to the BT Term Loan, included in interest expense, net in the consolidated statements of operations was as follows (amounts in thousands):
Year ended December 31, 2020
Interest on principal balance$3,773 
Accretion of original issue discount354 
Accretion of amendment fee53 
Amortization of deferred financing costs1,051 
Total BT Term Loan interest expense$5,231 
Schedule of Future principal payments for the Term Loan
Scheduled principal payments on the Term Loan as of December 31, 2022 are as follows:
Year ending December 31,Principal
2023$— 
2024— 
202550,000 
2026— 
2027— 
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 discount1,538 
Unamortized amendment fee671 
Prepayment premium1,439 
Other fees25 
Loss on extinguishment of debt$8,201