Notes Payable

9 Months Ended

Sep. 30, 2023

Debt Disclosure [Abstract]

Notes Payable

11. Notes Payable

Notes payable consisted of the following:

(Dollars in thousands)	September 30, 2023			December 31, 2022
Promissory notes payable bearing interest of 6.0%. The notes have a 36-month term with maturity in April 2024. Accrued interest is paid in accordance with a monthly amortization schedule.	$	486		$	7,749
Amended and restated promissory notes payable bearing interest of 8.0%. The notes mature in April 2025. Accrued interest is paid in accordance with an amortization schedule.		7,517			-
Total notes payable		8,003			7,749
Less current portion		(486	)		-
Long-term portion of notes payable	$	7,517		$	7,749

The Company paid $0.1 million and $0.4 million in interest on notes for the nine months ended September 30, 2023 and 2022, respectively.

Maturities on notes payable as of September 30, 2023 were as follows:

(Dollars in thousands)
2023	$	-
2024		486
2025		7,517
2026		-
2027		-
Thereafter		-
	$	8,003