Long Term Debt, Net (Tables)

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

Schedule of Balances of Term Loan

The balances of the Term Loan as of June 30, 2023 and December 31, 2022 were as follows (in thousands):

	June 30, 2023		December 31, 2022
Outstanding principal	$	50,000	$	50,000
Deferred financing costs	(1,007)		(1,219)
Original issue discount	(155)		(187)
Long term debt, net	$	48,838	$	48,594

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 June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Stated interest	$	1,505	$	1,043	$	2,956	$	2,074
Amortization of deferred financing costs	108		101		212		199
Accretion of original issue discount	17		16		33		30
Interest expense	$	1,630	$	1,160	$	3,201	$	2,303

Schedule of Principal Payments due on Term Loan

A summary of principal payments due on the Term Loan, by year, from June 30, 2023 through maturity are as follows (in thousands):

Year ending December 31,	Principal
2023 (excluding the six months ended June 30, 2023)	$	—
2024	—
2025	50,000
2026	—
2027	—
Thereafter	—
Outstanding principal	$	50,000