Related Parties

9 Months Ended

Sep. 30, 2023

Related Party Transactions [Abstract]

Related parties

Note 9 – Related parties

As of September 30, 2023, $126.2 million including paid-in kind interest of the Company's Convertible Debentures was owed to affiliates of MGG Investment Group, which is an affiliate of a director of the Company. For the three months ended September 30, 2023 and 2022, the Company recognized $3.7 million and $3.5 million in interest expense, respectively, and for the nine months ended September 30, 2023 and 2022, the Company recognized $11.0 million and $10.3 million in interest expense, respectively, related to the Convertible Debentures owned by affiliates of the MGG Investment Group.