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Debt (Tables) | 6 Months Ended
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Jun. 30, 2024
Debt Disclosure [Abstract] |
Debt | Debt at June 30, 2024, consisted of the following (in thousands):
|  | Principal |  |  | Unamortized Discount |  |  | Net Carrying Value |
Term Loan |  | $ | 65,000 |  |  | $ | (160 | ) |  | $ | 64,840 |
Revolving Loan |  |  | 18,782 |  |  |  | — |  |  |  | 18,782 |
Total debt |  |  | 83,782 |  |  |  | (160 | ) |  |  | 83,622 |
Less: current portion |  |  | 18,782 |  |  |  | — |  |  |  | 18,782 |
Non-current portion |  | $ | 65,000 |  |  | $ | (160 | ) |  | $ | 64,840 |
Debt at December 31, 2023, consisted of the following (in thousands):
|  | Principal |  |  | Unamortized Discount |  |  | Net Carrying Value |
Term Loan |  | $ | 60,000 |  |  | $ | (204 | ) |  | $ | 59,796 |
Revolving Loan |  |  | 20,000 |  |  |  | — |  |  |  | 20,000 |
Total debt |  |  | 80,000 |  |  |  | (204 | ) |  |  | 79,796 |
Less: current portion |  |  | 20,000 |  |  |  | — |  |  |  | 20,000 |
Non-current portion |  | $ | 60,000 |  |  | $ | (204 | ) |  | $ | 59,796 |
Principal, interest and fee payments on the Term Loan Credit Agreement (as defined below) at
Expected Principal, Interest and Fee Payments on Term Loan Credit Agreement | June 30, 2024, are expected to be as follows (in thousands):
Year ended December 31, |  | Principal |  |  | Interest and Fees |  |  | Total |
2024 |  | $ | — |  |  | $ | 4,024 |  |  | $ | 4,024 |
2025 |  |  | — |  |  |  | 8,026 |  |  |  | 8,026 |
2026 |  |  | 24,375 |  |  |  | 7,020 |  |  |  | 31,395 |
2027 |  |  | 32,500 |  |  |  | 3,175 |  |  |  | 35,675 |
2028 |  |  | 8,125 |  |  |  | 1,469 |  |  |  | 9,594 |
Total |  | $ | 65,000 |  |  | $ | 23,714 |  |  | $ | 88,714 |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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