XML 43 R33.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Debt (Tables)
 6 Months Ended
Jun. 30, 2024
Debt [Abstract]  
Schedule of Debt The Company’s debt consisted of:
(In thousands)  June 30,
2024		   December 31,
2023		 
Related party debt:          
Consolidated CP Acquisitions Note  $4,360   $
—
 
2024 CP Acquisitions Notes   650    
—
 
CP Acquisitions Junior Secured Note   
—
    3,799 
GIC Acquisition Note   
—
    645 
Total related party debt   5,010    4,444 
Less: current portion   (732)   (4,444)
Related party debt, net of current  $4,278   $
—
 
           
Long-term debt:          
PPP Loan  $518   $518 
Other notes payable (1)   67    367 
Exchange Note   
—
    6,669 
Convertible Note   
—
    7,840 
Unamortized debt premium   
—
    1,419 
Total long-term debt   585    16,813 
Less: current portion   (582)   (766)
Long-term debt, net of current  $3   $16,047 
(1) Other notes payable includes short term financing on insurance policies with an outstanding balance of $61 thousand as of June 30, 2024 and the Navitas Loan with an outstanding balance of $4 thousand as of June 30, 2024.
Schedule of Future Minimum Payments As of June 30, 2024, future minimum principal payments on all debt positions, excluding accrued interest amounts, were as follows:
Years ending December 31 (In thousands),    
Remaining 2024  $462 
2025   4,090 
2026   1 
Total future payments  $4,553