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DEBT (Tables) | 3 Months Ended
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Mar. 31, 2025
Debt Disclosure [Abstract] |
SCHEDULE OF LONG TERM DEBT | A summary of the Company’s current portion of debt at March 31, 2025 and December 31, 2024 is described as follows: SCHEDULE OF LONG TERM DEBT
|  | March 31, |  |  | December 31, |
|  | 2025 |  |  | 2024 |
Oaktree Loan due January 2026 |  | $ | 111,263,000 |  |  | $ | - |
Less: Unamortized debt issuance costs |  |  | (2,950,000 | ) |  |  | - |
Notes payable current, net |  | $ | 108,313,000 |  |  | $ | - |
A summary of the Company’s non-current portion of debt at March 31, 2025 and December 31, 2024 is described as follows:
|  | March 31, |  |  | December 31, |
|  | 2025 |  |  | 2024 |
8.625% Senior Notes due April 2026 |  | $ | 75,000,000 |  |  | $ | 75,000,000 |
11.875% Senior Notes due December 2027 |  |  | 40,250,000 |  |  |  | 40,250,000 |
Oaktree Loan due January 2026 |  |  | - |  |  |  | 111,263,000 |
Notes payable non-current, gross |  |  | 115,250,000 |  |  |  | 226,513,000 |
Less: Unamortized debt issuance costs |  |  | (2,749,000 | ) |  |  | (6,974,000 | )
Notes payable non-current, net |  | $ | 112,501,000 |  |  | $ | 219,539,000 |
SCHEDULE OF FUTURE MINIMUM PAYMENT UNDER NOTES PAYABLES | At March 31, 2025, future minimum payments under the Company’s debt were as follows: SCHEDULE OF FUTURE MINIMUM PAYMENT UNDER NOTES PAYABLES
|  | Amount |
Remainder of 2025 |  | $ | 18,051,000 |
2026 |  |  | 193,830,000 |
2027 |  |  | 45,030,000 |
Total minimum payments |  |  | 256,911,000 |
Less: amount representing interest payments |  |  | (30,398,000 | )
Notes payable, gross principal amount due |  |  | 226,513,000 |
Less: current portion, net of unamortized discount |  |  | (108,313,000 | )
Less: unamortized discount, net of premium |  |  | (5,699,000 | )
Notes payable, net of unamortized discount |  | $ | 112,501,000 |

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