Notes Payable, Preferred Stock and Stock Purchase Warrants (Tables)

9 Months Ended

Sep. 30, 2021

Notes Payable, Preferred Stock and Stock Purchase Warrants

Schedule of carrying amounts outstanding under the Company's notes payable

The following carrying amounts were outstanding under the Company’s notes payable as of September 30, 2021 and December 31, 2020 (in thousands):

	September 30, 2021
	Principal ($)	Debt Discount ($)	Issuance Costs ($)	Carrying Amount ($)
2023 Notes	15,700	(1,824)	-	13,876
2025 Notes	51,199	(21,742)	(364)	29,093
PHC Notes	35,000	(19,610)	(1,198)	14,192
PPP Loan	5,113	-	-	5,113
	December 31, 2020
	Principal ($)	Debt Discount ($)	Issuance Costs ($)	Carrying Amount ($)
2023 Notes	15,700	(2,755)	-	12,945
2025 Notes	57,700	(28,276)	(431)	28,993
PHC Notes	36,312	(22,237)	(1,359)	12,716
PPP Loan	5,763	-	-	5,763

Schedule of interest expense related to the notes payable

Interest expense related to the notes payable for the three and nine months ended September 30, 2021 was as follows (dollars in thousands):

	Three months ended September 30, 2021
	Effective Interest Rate	Interest ($)	Debt Discount and Fees ($)	Issuance Costs ($)	Loss on Extinguishment ($)	Total Interest Expense ($)
2023 Notes	5.25%	206	318	-	-	524
2025 Notes	5.25%	672	1,152	19	-	1,843
PHC Notes	9.50%	831	950	58	-	1,839
PPP Loan	1.00%	15	-	-	-	15
Total		1,724	2,420	77	-	4,221
	Nine months ended September 30, 2021
	Effective Interest Rate	Interest ($)	Debt Discount and Fees ($)	Issuance Costs ($)	Loss on Extinguishment ($)	Total Interest Expense ($)
2023 Notes	5.25%	618	931	-	-	1,549
2025 Notes	5.25%	2,044	3,362	56	3,183	8,645
PHC Notes	9.50%	2,456	2,627	161	-	5,244
PPP Loan	1.00%	44	-	-	-	44
Total		5,162	6,920	217	3,183	15,482

Schedule of future maturities

The following are the scheduled maturities of the Company’s notes payable as of September 30, 2021 (in thousands):

2021 (remaining three months)	$	2,191
2022		2,922
2023		15,700
2024		35,000
Thereafter		51,199
Total	$	107,012