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v3.23.2

Term Debt (Tables) | 6 Months Ended
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Jun. 30, 2023
Debt Disclosure [Abstract] |
Schedule of Long Term Debt | The following table summarizes the term debt: Schedule of Long Term Debt
|  | As of June 30, 2023 (unaudited) |  |  | As of December 31, 2022 |
|  | Principal Balance |  |  | Unamortized Discount and Debt Issuance Costs |  |  | Carrying Value |  |  | Principal Balance |  |  | Unamortized Discount and Debt Issuance Costs |  |  | Carrying Value |
Senior Secured Notes, as amended, matures December 31, 2023 |  | $ | 62,691 |  |  | $ | (456 | ) |  | $ | 62,235 |  |  | $ | 62,691 |  |  | $ | (904 | ) |  | $ | 61,787 |
Delayed Draw Term Notes, as amended, matures December 31, 2023 |  |  | 4,000 |  |  |  | (52 | ) |  |  | 3,948 |  |  |  | 4,000 |  |  |  | (103 | ) |  |  | 3,897 |
Total |  | $ | 66,691 |  |  | $ | (508 | ) |  | $ | 66,183 |  |  | $ | 66,691 |  |  | $ | (1,007 | ) |  | $ | 65,684 |
Summary of Interest Expense | The following table represents interest expense: Summary of Interest Expense
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Amortization of debt costs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Line of credit |  | $ | 53 |  |  | $ | - |  |  | $ | 107 |  |  | $ | - |
Bridge Notes |  |  | 411 |  |  |  | - |  |  |  | 1,039 |  |  |  | - |
Senior Secured Notes |  |  | 225 |  |  |  | 223 |  |  |  | 448 |  |  |  | 574 |
Delayed Draw Term Notes |  |  | 26 |  |  |  | 51 |  |  |  | 51 |  |  |  | 360 |
Total amortization of debt costs |  |  | 715 |  |  |  | 274 |  |  |  | 1,645 |  |  |  | 934 |
Noncash and accrued interest: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Parade |  |  | - |  |  |  | 69 |  |  |  | - |  |  |  | 69 |
Other accrued interest |  |  | 602 |  |  |  | - |  |  |  | 602 |  |  |  | - |
Total noncash and accrued interest |  |  | 602 |  |  |  | 69 |  |  |  | 602 |  |  |  | 69 |
Cash paid interest: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Line of credit |  |  | 309 |  |  |  | - |  |  |  | 747 |  |  |  | - |
Bridge Notes |  |  | 1,320 |  |  |  | - |  |  |  | 2,447 |  |  |  | - |
Senior Secured Notes |  |  | 1,585 |  |  |  | 1,585 |  |  |  | 3,152 |  |  |  | 3,152 |
Delayed Draw Term Notes |  |  | 101 |  |  |  | 251 |  |  |  | 201 |  |  |  | 499 |
Other |  |  | 369 |  |  |  | 327 |  |  |  | 389 |  |  |  | 672 |
Total cash paid interest |  |  | 3,684 |  |  |  | 2,163 |  |  |  | 6,936 |  |  |  | 4,323 |
Total interest expense |  | $ | 5,001 |  |  | $ | 2,506 |  |  | $ | 9,183 |  |  | $ | 5,326 |

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