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DEBT (Tables)

12 Months Ended

Dec. 31, 2022

DEBT

Schedule of debt

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

​

​	​	​	​	​	​	​
​		December 31, 2022			December 31, 2021
Term loan credit facility	​	$	235,000	​	$	200,000
Other	​	​	190	​	​	85
Total debt (Face Value)	​	​	235,190	​	​	200,085
Less:	​	​	​	​	​	​
Current Portion of Long-Term Debt(1)	​	​	(35,067)	​	​	(85)
Other(2)	​	​	(17,447)	​	​	(18,435)
Long-Term Debt, net	​	$	182,676	​	$	181,565

(1) As of December 31, 2022, amount primarily reflects amortization payments of $35.0 million under the Amended Term Loan Agreement due within one year. As of December 31, 2021, amount represents the balance owed under the Paycheck Protection Program Loan.

(2) Amounts primarily reflect unamortized debt issuance costs of approximately $13.0 million and $14.2 million at December 31, 2022 and December 31, 2021, respectively, but also include amounts associated with an embedded derivative separately presented and further described in Note 6. Fair Value Measurements. For the years ended December 31, 2022 and 2021, we recorded approximately $5.4 million and $0.4 million, respectively, in interest expense reflecting the amortization/accretion of these amounts.

Schedule of prepayment premiums

​

​	​	​	​
Period (after amendment date)	​	​	Premium
Months 0 - 12	​	​	Make-whole amount equal to 12 months of interest plus 2.00%
Months 13 - 24	​	​	2.00%
Thereafter	​	​	0.00%

​

Schedule of aggregate maturities required on long-term debt

Aggregate maturities required on debt at December 31, 2022 due in future years are as follows (in thousands):

​

​	​	​	​
2023		$	35,067
2024	​	​	50,067
2025	​	​	150,056
Total	​	$	235,190

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