REORGANIZATION ITEMS, NET

6 Months Ended

Jun. 30, 2024

Reorganization items incurred as a result of the Chapter 11 Cases are presented separately in the accompanying condensed consolidated statements of operations for the three and six months ended June 30, 2024 and were as follows:


Reorganization Items, Net	Three Months Ended June 30, 2024		Six Months Ended June 30, 2024
	(amounts in thousands)
Write-off of deferred debt issuance costs and unamortized premium	$	—	$	4,300
Debt issuance costs associated with short-term borrowing	—		2,508
Professional fees	7,437		26,663
Key Employee Retention Program Bonuses	626		626
Reorganization items, net	$	8,063	$	34,097

Professional fees included in Reorganization items, net represent fees for post-petition expenses related to the Chapter 11 Cases. Write-offs of deferred debt issuance costs, deferred financing costs, and unamortized fair market value adjustment are included in Reorganization items, net.

As of June 30, 2024, $12.1 million of Reorganization items, net were unpaid and accrued in Accounts Payable and Accrued Expenses in the accompanying condensed consolidated balance sheet.