Fair Value Measurement (Tables)

3 Months Ended

Mar. 31, 2020

Fair Value Disclosures [Abstract]

Schedule of Fair Value Measurements, Valuation Techniques

The table below sets forth the assumptions used within the Black-Scholes-Merton option pricing model to value the Company’s Initial Warrant liability:

Stock price	$	1.17
Exercise price	$	0.01
Time until expiration (years)	4.29
Expected volatility	66.0		%
Risk-free interest rate	0.34		%
Expected dividend yield	—		%

Schedule of Fair Value, Liabilities Measured on Recurring Basis

The table below sets forth the total fair value of the ABL Credit Facility, ABL Embedded Derivative, Term Loan Credit Facility, Term Loan Embedded Derivative, and Initial Warrant as of March 31, 2020 (in thousands):

	March 31, 2020
	Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value
ABL Credit Facility	$	109,023	$	—	$	109,023
ABL Embedded Derivative	—		267		267
Term Loan Credit Facility	82,822		—		82,822
Initial Warrant	—		1,332		1,332
Term Loan Embedded Derivative	—		202		202
Total	$	191,845	$	1,801	$	193,646