Related Party Loan

12 Months Ended

Dec. 31, 2021

Related Party Transactions [Abstract]

Related Party Loan

Related Party Loan The Company had a senior secured promissory note, as amended, with a unit holder of Former Parent that had a balance, net of debt discount and issuance costs, as of December 31, 2019 of $41.8 million for which the Company paid off the balance on July 31, 2020 to settle the obligation with respect to the Senior Secured Loan. The Company paid interest expense for the years ended December 31, 2020 and 2019 of $3.8 million and $7.3 million, respectively, which consisted of cash interest, PIK interest and amortization of the debt discount.Related Party Transactions

Accounts Payable-Related Party

The Company had $0.6 million and $2.2 million at December 31, 2021 and 2020, respectively, of accounts payable-related party with the former shareholders of Array. The payables relate to a federal tax refund related to the pre-Acquisition periods, restricted cash at Acquisition Date which were due to the sellers of Array upon release of the restriction offset by a receivable related to a sales/use tax audit from the pre-Acquisition period for which the seller provided the Company with indemnification.

Consent Fees-Related Party

The Company incurred $2.2 million in consent fees with the former majority shareholder of Array to allow a carryback of post-acquisition net operating losses to pre-acquisition periods under the CARES Act. The consent fee is included in accounts payable – related party and other expense, net in the accompanying consolidated financial statements at December 31, 2020.

Special Distribution to Former Parent

On October 14, 2020, the Company issued a special distribution of $589 million to Former Parent (the “Special Distribution”).

Related Party Loans - see Note 12

Contingent Consideration - see Note 16