XML 67 R55.htm IDEA: XBRL DOCUMENT v3.21.4
DEBT (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Sep. 27, 2021
USD ($)
item
$ / shares
Sep. 21, 2021
USD ($)
Apr. 30, 2021
USD ($)
Apr. 23, 2020
USD ($)
installment
Mar. 27, 2020
USD ($)
Jul. 31, 2021
USD ($)
Apr. 30, 2021
USD ($)
loan
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Jun. 30, 2021
Sep. 30, 2021
USD ($)
Sep. 30, 2020
USD ($)
DEBT                            
Long-term debt                         $ 170,323 $ 25,052
Fair value of the conversion                         54,922  
Interest paid                         1,267 1,039
First Internet Bank of Indiana                            
DEBT                            
Long-term debt                         134,137  
Credit Agreement | First Internet Bank of Indiana                            
DEBT                            
Number of term loans | loan             11              
Life insurance policy                         $ 5,000  
Percentage of excess cash flow                         50.00%  
Credit Agreement | First Internet Bank of Indiana | Maximum                            
DEBT                            
Senior funded debt to adjusted EBITDA ratio                   4.25   5.25 4.75  
Fixed charge coverage ratio                         1.20  
Credit Agreement | First Internet Bank of Indiana | Minimum                            
DEBT                            
Senior funded debt to adjusted EBITDA ratio                       1.00 1.00  
Fixed charge coverage ratio                         1.00  
Credit Agreement | First Internet Bank of Indiana | Revolving Facility                            
DEBT                            
Maximum amount of line of credit     $ 5,000       $ 5,000              
Percentage of excess cash flow     4.00%                      
Credit Agreement | First Internet Bank of Indiana | Forecast | Maximum                            
DEBT                            
Senior funded debt to adjusted EBITDA ratio               3.50 4.00   4.50      
Fixed charge coverage ratio               1.25            
Credit Agreement | First Internet Bank of Indiana | Forecast | Minimum                            
DEBT                            
Senior funded debt to adjusted EBITDA ratio               1.00 1.00 1.00 1.00      
Fixed charge coverage ratio               1.00            
Credit Agreement | Equipment loan | First Internet Bank of Indiana                            
DEBT                            
Annual Interest Rate (as a percent)     4.00%       4.00%              
Amortization term     5 years                      
Credit Agreement | Equipment loan | First Internet Bank of Indiana | Maximum                            
DEBT                            
Principal amount     $ 3,000       $ 3,000              
Amendment | First Internet Bank of Indiana                            
DEBT                            
Maximum amount of line of credit   $ 150,000                        
Line of credit facility deposit amount   $ 18,000                        
Line of credit facility repayment term   90 days                        
Seller Note - Smithers Avanza                            
DEBT                            
Long-term debt                         $ 280 650
Seller Note - Smithers Avanza | Unsecured promissory note                            
DEBT                            
Principal amount                         $ 810  
Annual Interest Rate (as a percent)                         6.50%  
Seller Note Pre-Clinical Research Services                            
DEBT                            
Long-term debt                         $ 685 $ 752
Seller Note Pre-Clinical Research Services | Unsecured promissory note                            
DEBT                            
Principal amount                         $ 800  
Annual Interest Rate (as a percent)                         4.50%  
Seller Note - Bolder BioPATH | Unsecured promissory note                            
DEBT                            
Principal amount                         $ 1,500  
Annual Interest Rate (as a percent)                         4.50%  
Payroll Protection Program Loan                            
DEBT                            
Debt forgiveness         $ 4,851 $ 4,851                
Payroll Protection Program Loan | Huntington National Bank                            
DEBT                            
Principal amount       $ 5,051                    
Number of repayment installments | installment       18                    
Principal and interest payments       $ 283                    
Debt forgiveness       $ 4,851                    
Convertible Senior Notes                            
DEBT                            
Principal amount $ 140,000                          
Annual Interest Rate (as a percent) 3.25%                          
Settlement period 13 days                          
Additional principal amount $ 15,000                          
Long-term debt                         $ 131,673  
Fair value of the conversion                         $ 54,922  
Initial conversion rate 1.7162                          
Initial conversion price | $ / shares $ 46.05                          
Number of scheduled trading days | item 40                          
Conversion price 130.00%                          
Number of trading days 20                          
Number of consecutive trading days 30                          
Cure period 30 days                          
Cure or waiver period 60 days                          
Guarantor or subsidiaries for the payment $ 20,000                          
Period for discharge or stay 60 days                          
Percentage of noteholders 25.00%                          
Right to receive special interest maximum term 180 days                          
Right to receive special interest maximum rate 0.50%