XML 71 R60.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Long-Term Debt - Narrative (Details)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Nov. 01, 2023
USD ($)
Nov. 03, 2020
USD ($)
noteholder
shares
Jul. 15, 2019
USD ($)
$ / shares
shares
Jun. 30, 2024
USD ($)
Jun. 30, 2023
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2023
USD ($)
May 15, 2023
USD ($)
Dec. 31, 2023
USD ($)
Feb. 28, 2023
USD ($)
May 15, 2022
quarterlyInstallment
Dec. 31, 2020
USD ($)
transaction
Debt Instrument [Line Items]                        
Warrants issued (in shares) | shares     2,000,000                  
Warrant exercise price (in dollars per share) | $ / shares     $ 0.001                  
Net proceeds from issuance of initial notes, warrants and first offer rights     $ 66,082                  
Total outstanding notes       $ 45,000   $ 45,000            
Consent fee payment           0 $ 1,027          
Loss on extinguishment of debt       0 $ 0 0 (353)          
Amortization of debt issuance costs and discounts           $ 5,342 115          
Senior notes                        
Debt Instrument [Line Items]                        
Proceeds from issuance of debt   $ 4,000                    
Payments of loan costs   $ 220                    
Senior secured notes due 2025                        
Debt Instrument [Line Items]                        
Interest rate     12.50%                  
Principal amount $ 36,014                      
Warrants issued to purchase common stock (in shares) | shares   143,000                    
Redemption percentage of debt under change of control provisions           101.00%            
Amortization of debt issuance costs and discounts         4   8          
Senior secured notes due 2025 | Put Option                        
Debt Instrument [Line Items]                        
Derivative liability, noncurrent       $ 0   $ 0            
Gain (loss) on derivative instruments, net, pretax         13   (58)          
Senior secured notes due 2025 | Maximum                        
Debt Instrument [Line Items]                        
Elective redemption percentage of debt           112.50%            
Senior secured notes due 2025 | Minimum                        
Debt Instrument [Line Items]                        
Elective redemption percentage of debt     101.56%                  
Senior secured notes due 2025 | Senior notes                        
Debt Instrument [Line Items]                        
Interest rate     12.50%                  
Principal amount     $ 70,000                  
Retirement of debt   $ 22,500         5,647          
Total outstanding notes   70,000     $ 38,975   38,975         $ 51,500
Proceeds from issuance of debt   $ 4,000                    
Number of noteholders | noteholder   2                    
Number of transactions | transaction                       2
Premium on early retirement of debt   $ 2,250       $ 2,250            
Repurchase price percentage   112.50%                    
Consent fee payment               $ 2,700        
Number of quarterly installments | quarterlyInstallment                     4  
Fee amount                   $ 675    
Loss on extinguishment of debt             (353)          
Periodic payment, principal             $ 6,878          
Senior secured notes due 2025 | Senior notes | Maximum                        
Debt Instrument [Line Items]                        
Principal amount     $ 100,000                  
Percentage of cash proceeds   30.00%                    
13.5% Senior Secured Notes due November 1, 2028                        
Debt Instrument [Line Items]                        
Interest rate       13.50%   13.50%            
13.5% Senior Secured Notes due November 1, 2028 | Senior notes                        
Debt Instrument [Line Items]                        
Interest rate 13.50%                      
Principal amount $ 45,000                      
Repurchase price percentage 108.50%                      
Fee amount       $ 2,000   $ 2,000            
Proceeds from issuance of long-term debt $ 4,326                      
Unamortized discount, including exit fee       15,154   15,154     $ 17,665      
13.5% Senior Secured Notes due November 1, 2028 | Senior notes | Redemption Scenario 1                        
Debt Instrument [Line Items]                        
Repurchase price percentage 100.00%                      
Debt instrument, redemption price, percentage of principal amount redeemed 1.00%                      
Debt instrument, redemption price, basis points above treasury rate 1.00%                      
13.5% Senior Secured Notes due November 1, 2028 | Senior notes | Redemption Scenario 2                        
Debt Instrument [Line Items]                        
Repurchase price percentage 108.50%                      
Royalty Obligations                        
Debt Instrument [Line Items]                        
Royalty obligation, term 8 years                      
Amortization of debt discount (premium)       1,358   2,716            
Royalty Obligations | Maximum                        
Debt Instrument [Line Items]                        
Royalty obligation, percent of net sales 2.00%                      
Royalty Obligations | Minimum                        
Debt Instrument [Line Items]                        
Royalty obligation, percent of net sales 1.00%                      
Royalty Obligations | Senior notes                        
Debt Instrument [Line Items]                        
Debt instrument, exit fee $ 2,000                      
Fair value 13,856     13,856   13,856            
Unamortized discount (premium), net 1,125               13,856      
Amortization of debt discount (premium)       1,254   2,511            
Unamortized deferred debt issuance cost and deferred debt discounts 20,498                      
Debt issuance costs, net 3,517                      
Royalty Obligations | Unsecured Debt                        
Debt Instrument [Line Items]                        
Total outstanding notes       17,477   17,477     14,761      
Unamortized discount, including exit fee       $ 39,449   $ 39,449     $ 42,165      
ABL Facility                        
Debt Instrument [Line Items]                        
Line of credit facility, accordion feature, net revenue threshold 100                      
Line of credit facility, accordion feature, increase limit $ 10