Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.22.1
Debt (Tables)
3 Months Ended
Mar. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Long-term Debt

Long-term debt as of the presented dates was comprised of the following:

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

Description

 

Issued

 

Maturity

 

Interest Rate

 

Interest Payable

 

March 31, 2022

 

December 31, 2021

Francisco Partners Facility

 

November 2021

 

April 2026

 

9.25%

 

Quarterly

 

$120,023

 

$30,289

Senior Secured Notes due 2026(1)

 

March 2021

 

April 2026

 

9.25% and 11.25%

 

Quarterly

 

56,267

 

94,686

PIPE Investment Obligation

 

March 2022

 

December 2025

 

N/A

 

N/A

 

28,125

 

                            -

Finance leases

 

N/A

 

N/A

 

N/A

 

N/A

 

49

 

53

Unamortized deferred issuance costs

                       (2,115)

 

                          (761)

Unamortized discount on debt

                     (99,905)

 

                       (9,119)

Total debt

 

 

 

 

 

 

 

 

 

102,444

 

115,148

Current portion of long-term debt

7,515

 

14

Long-term debt

 

 

 

 

 

 

 

 

 

$94,929

 

$115,134

 

(1) - Includes the Lockheed Martin Rollover Debt and Beach Point Rollover Debt, each as defined below.

N/A - Not meaningful or applicable