Notes Payable

3 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Notes Payable

11. Notes Payable

Notes payable consisted of the following:

(Dollars in thousands)	March 31, 2024			December 31, 2023
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		$	486
Amended and restated promissory notes payable bearing interest of 8.0%. The notes mature in March 2025. Accrued interest is paid in accordance with an amortization schedule.		7,593			7,556
Total notes payable		8,079			8,042
Less current portion		(8,079	)		(486	)
Long-term portion of notes payable	$	-		$	7,556

The Company paid $0.1 million and $0.5 million in interest on notes for the three months ended March 31, 2024 and 2023, respectively.

Maturities on notes payable as of March 31,2024 were as follows:

(Dollars in thousands)
2024	$	486
2025		7,593
2026		-
2027		-
2028		-
Thereafter		-
	$	8,079