DEBT (Tables)

12 Months Ended

Dec. 31, 2023

DEBT

Schedule of debt

As of December 31, 2023 and 2022, the Company’s debt consisted of the following (in thousands):

	December 31, 2023		December 31, 2022
Term loan credit facility	$	200,000	$	235,000
Other		215		190
Total debt (Face Value)		200,215		235,190
Less:
Current Portion of Long-Term Debt(1)		(50,106)		(35,067)
Other(2)		(9,833)		(17,447)
Long-Term Debt, net	$	140,276	$	182,676

(1) Amounts primarily reflect payments due of $50.0 million and $35.0 million under the Amended Term Loan Agreement due within one year as of December 31, 2023 and December 31, 2022, respectively.

(2) Amounts primarily reflect unamortized debt issuance costs of approximately $6.9 million and $13.0 million at December 31, 2023 and December 31, 2022, respectively, but also include an unamortized debt discount associated with an embedded derivative separately presented and further described in Note 7. “Fair Value Measurements”. For the years ended December 31, 2023 and 2022, we recorded approximately $7.6 million and $5.4 million, respectively, in interest expense reflecting the amortization/accretion of these amounts.

Schedule of prepayment premiums

Period (after applicable borrowing date(1))	Premium
Months 0 - 12	Make-whole amount equal to 12 months of interest plus 2.00%
Months 13 - 24	2.00%
Months 25 - 36	1.00%
Months 37 - 48	0.00%

(1) Applicable borrowing dates are November 2021 for the original $200.0 million borrowed and April and November 2022 for the $20.0 million and $15.0 million in delayed borrowings, respectively.

Schedule of aggregate maturities required on long-term debt

Aggregate maturities required on debt at December 31, 2023 due in future years are as follows (in thousands):

2024	$	50,106
2025		150,096
2026		13
Total	$	200,215