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Debt (Tables)
3 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Total Debt

Total debt comprises:

 

 

 

June 30,
2022

 

 

March 31,
2022

 

Secured Notes

 

$

132,917

 

 

$

132,917

 

Debt discount, net of amortization

 

 

(12,679

)

 

 

(13,854

)

Deferred debt costs, net of amortization

 

 

(2,420

)

 

 

(2,678

)

Carrying value Secured Notes

 

 

117,818

 

 

 

116,385

 

 

 

 

 

 

 

 

Royalty liability

 

 

40,343

 

 

 

40,076

 

 

 

 

 

 

 

 

Convertible Notes

 

 

105,000

 

 

 

105,000

 

Debt discount, net of amortization

 

 

(23,801

)

 

 

(24,968

)

Deferred debt costs, net of amortization

 

 

(3,012

)

 

 

(3,180

)

Carrying value Convertible Notes

 

 

78,187

 

 

 

76,852

 

Total Debt

 

$

236,348

 

 

$

233,313

 

Schedule of Principal Amortization Payments of Secured Notes

The new principal amortization schedule of the Secured Notes is as follows:

 

Payment Date

 

Amount

 

July 15, 2024

 

$

2,500

 

October 15, 2024

 

 

2,500

 

January 1, 2025

 

 

2,500

 

April 15, 2025

 

 

2,500

 

July 15, 2025

 

 

2,500

 

October 15, 2025

 

The principal balance then outstanding