XML 56 R46.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Long-Term Debt, Senior Term Facility (Details)
$ / shares in Units, $ in Thousands
3 Months Ended
Sep. 06, 2022
Mar. 31, 2024
USD ($)
Payment
$ / shares
shares
Mar. 31, 2023
USD ($)
Long-Term Debt [Abstract]      
Unamortized debt discount   $ 525  
Exit fee   600  
SOFR [Member]      
Long-Term Debt [Abstract]      
Term of variable rate 1 month    
Interest rate floor 0.50%    
Basis spread on variable rate 0.10%    
MidCap Financial Trust [Member] | Senior Term Facility [Member]      
Long-Term Debt [Abstract]      
Face amount of debt   $ 8,000  
Maturity date   Sep. 01, 2026  
Frequency of payment   monthly  
Number of monthly principal payments plus interest | Payment   24  
Notice period   30 days  
Prepayment fee if prepayment is made within twelve months   4.00%  
Prepayment fee if prepayment is made between twelve months and twenty-four months   3.00%  
Prepayment fee if prepayment is made between twenty-four months and thirty-six months   2.00%  
Prepayment fee if prepayment is made after thirty-six months   1.00%  
Minimum net revenue threshold   $ 29,000  
Minimum net revenue threshold by December 31, 2026   33,000  
Minimum net revenue threshold by trailing 12-month period   33,000  
Minimum unrestricted cash   3,000  
Interest expense   524 $ 286
Amortization of debt discount   31 $ 41
MidCap Financial Trust [Member] | Senior Term Facility [Member] | Minimum [Member]      
Long-Term Debt [Abstract]      
Prepayment of debt   $ 5,000  
MidCap Financial Trust [Member] | Senior Term Facility [Member] | A&R Warrant [Member]      
Long-Term Debt [Abstract]      
Warrants issued (in shares) | shares   800,000  
Warrants, exercise price (in dollars per share) | $ / shares   $ 0.88  
Warrants, expected term   10 years  
MidCap Financial Trust [Member] | Senior Term Facility [Member] | Common Stock [Member]      
Long-Term Debt [Abstract]      
Warrants issued (in shares) | shares   373,626  
Warrants, exercise price (in dollars per share) | $ / shares   $ 1.82  
Warrants, expected term   10 years  
MidCap Financial Trust [Member] | Senior Term Facility [Member] | LIBOR [Member]      
Long-Term Debt [Abstract]      
Interest rate floor   0.50%  
Basis spread on variable rate   7.50%  
MidCap Financial Trust [Member] | Senior Term Facility, Amendment [Member]      
Long-Term Debt [Abstract]      
Face amount of debt   $ 20,000  
Forward looking term   30 days  
Interest rate floor   3.50%  
Amount available to be drawn under condition   $ 30,000  
Effective interest rate   13.94%  
Required percentage of certain insurance proceeds   100.00%  
MidCap Financial Trust [Member] | Senior Term Facility, Amendment [Member] | SOFR [Member]      
Long-Term Debt [Abstract]      
Term of variable rate   1 month  
Base interest rate   0.10%  
Basis spread on variable rate   7.50%  
MidCap Financial Trust [Member] | Credit Facility #1 [Member]      
Long-Term Debt [Abstract]      
Amount drawn   $ 8,000  
MidCap Financial Trust [Member] | Credit Facility #2 [Member]      
Long-Term Debt [Abstract]      
Amount drawn   $ 7,000  
Percentage of administrative agent fess   0.50%  
Percentage of credit extension   4.00%  
MidCap Financial Trust [Member] | Credit Facility #3 [Member]      
Long-Term Debt [Abstract]      
Amount available for amount drawn   $ 5,000  
Percentage of credit extension   0.50%  
Percentage of exit fee   4.00%  
MidCap Financial Trust [Member] | Senior Term Facility, Third Amendment [Member]      
Long-Term Debt [Abstract]      
Unamortized debt discount   $ 525  
Third party costs incurred   13  
MidCap Financial Trust [Member] | Senior Term Facility, Fourth Amendment [Member]      
Long-Term Debt [Abstract]      
Exit fee   $ 600