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DEBT (Tables)

6 Months Ended

Jun. 30, 2022

DEBT

Schedule of debt

As of June 30, 2022 and December 31, 2021, the Company’s debt consisted of the following (in thousands):

​	​	​	​	​	​	​	​
​	​	June 30, 2022		​	​	December 31, 2021
Term loan credit facility(1)	​	$	203,372	​	​	$	181,565
Paycheck Protection Program loan	​	​	—	​	​	​	85
Total debt, net	​	​	203,372	​	​	​	181,650
Current portion of long-term debt(2)	​	​	15,000	​	​	​	85
Total long-term debt, net	​	$	188,372	​	​	$	181,565

(1) Amount is net of $12.4 million and $14.2 million in unamortized debt issuance costs at June 30, 2022 and December 31, 2021, respectively. Amount also excludes the initial fair value allocated to the change of control call option embedded derivative of $4.2 million. Refer to “Term Loan Credit Facility” below for further details.

(2) As of June 30, 2022, amount represents amortization payments of $15.0 million under the Term Loan Agreement due within one year. As of December 31, 2021, amount represents the balance owed under the Company’s Paycheck Protection Program Loan.

Schedule of prepayment premiums

​

​	​	​	​
Period	​	​	Premium
Months 0 - 12	​	​	Make-whole amount equal to 12 months of interest plus 2.00%
Months 13 - 24	​	​	2.00%
Months 25 - 36	​	​	1.00%
Months 37 - 48	​	​	0.00%

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