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CONVERTIBLE NOTES (Tables)
 3 Months Ended
Mar. 31, 2021
Convertible Bridge Loan  
Debt Instrument [Line Items]  
Summary of change in Bridge Note debt discounts and debt premiums

During the three months ended March 31, 2020, the change in Bridge Note debt discounts and debt premiums was as follows:

 

 

 

 

 

 

 

(Dollars in thousands)

 

For the Three Months Ended March 31,

 

 

2020

 

 

 

Debt Discounts

 

 

Debt Premiums

Beginning balance at January 1

 

$

(1,796)

 

$

 —

Additions:

 

 

 —

 

 

793

Deductions:

 

 

 

 

 

 

Amortization  (accretion) (1)

 

 

703

 

 

(39)

Write-off related to note conversions  (2)

 

 

138

 

 

(75)

Write-off related to note extinguishment  (3)

 

 

955

 

 

 —

Balance at March 31

 

$

 —

 

$

679

 

(1)

Amortization/accretion is recognized as interest expense/income within the condensed consolidated statements of operations based on the effective interest method.

(2)

Write-offs associated with note conversions are recognized as an offset to additional paid-in capital at the time of the conversion.

(3)

Write-offs associated with note extinguishment are recognized as a loss and included in loss on extinguishment of convertible notes in the condensed consolidated statements of operations.