Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

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Debt (Tables)
6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt he term of the agreement is nine months and the annual interest rate is 8.25%. Remaining
scheduled principal payments as of June 30, 2024 are $0.6 million to be paid in the third quarter of 2024 and $0.2 million to be paid in the fourth quarter of 2024.
Long-term debt consisted of the following:
June 30, 2024 December 31, 2023
(in thousands)
Repurchase promissory note, interest paid at 11.0%, due June 2026
$ 15,000  $ 15,000 
Term loan facility, interest paid at 12.0%, due December 2025
65,000  65,000 
Unsecured promissory note, interest paid at 14.0%, due May 2026
29,102  29,102 
VGS 2 Promissory Note
25,375  — 
Long-term debt, gross 134,477  109,102 
Less: unamortized debt issuance costs and original issue discount (1,353) (783)
Long-term debt, net $ 133,124  $ 108,319