Revolving Credit Facility (Tables)

3 Months Ended

Mar. 31, 2020

The following schedule shows the change in fair value of the ABL Embedded Derivative at March 31, 2020 (in thousands):

The following schedule shows the change in fair value of the Term Loan Embedded Derivative at March 31, 2020 (in thousands):

The Company’s ABL Credit Facility at March 31, 2020 is summarized as follows (in thousands):



ABL Credit Facility outstanding	$	60,069
Less: Current portion of ABL Credit Facility for UK Borrowings	(69		)
Long-term portion of ABL Credit Facility	60,000
Less: ABL Embedded Derivative Discount⁽¹⁾	(514		)
ABL Embedded Derivative Liability⁽²⁾	267
Total Revolving credit facility - non-current	$	59,753

⁽¹⁾Original value of embedded derivative at July 16, 2019, less amortization. ⁽²⁾ Value of embedded derivative as of March 31, 2020.

The Company’s Term Loan Credit Facility at March 31, 2020 is summarized as follows (in thousands):



Term Loan Credit Facility outstanding	$	96,250
Less: Current portion of Term Loan Credit Facility	(8,750		)
Long-term portion of Term Loan Credit Facility	87,500
Less: Original Issue Discount⁽¹⁾	(7,272		)
Term Loan Embedded Derivative Liability⁽²⁾	202
Initial Warrant Liability⁽²⁾	1,332
Total Term Loan Credit Facility - Non-current	$	81,762

⁽¹⁾ Original value of OID attributable to debt issuance costs, warrant liability and embedded derivatives at July 16, 2019, less amortization. ⁽²⁾ Value of warrant liability and embedded derivatives as of March 31, 2020.