Debt (Tables)

6 Months Ended

Jun. 30, 2022

Debt Instrument [Line Items]

Summary of Assumptions Used to Calculate the Fair Value of Warrants

The following assumptions were used to calculate the fair value for the Private Placement Warrants and Series A Warrants:

	Private Placement Warrants	Series A Warrants
As of June 30, 2022
Expected remaining life	1.4 years	3.4 years
Volatility rate	255.8%	255.8%
Risk-free interest rate	2.8%	3.0%
Expected dividend rate	0%	0%
As of December 31, 2021
Expected remaining life	1.9 years	3.9 years
Volatility rate	227.5%	227.5%
Risk-free interest rate	0.7%	1.1%
Expected dividend rate	0%	0%

Schedule of Long-term Debt

Long-term debt consisted of the following:

	June 30, 2022			December 31, 2021
Senior Secured Term Loan	$	102,785		$	120,745
Term C Loan		22,525			-
ABL Credit Facility		7,019			14,170
USDA Loan		25,000			25,000
Equipment financing		6,765			8,540
Capital leases		-			3,204
Total debt principal balance		164,094			171,659
Senior Secured Term Loan future interest payable		24,899			24,384
Unamortized debt discount and issuance costs		(15,055	)		(11,792	)
Current maturities		(12,187	)		(9,504	)
Net long-term debt	$	161,751		$	174,747

Schedule of Repayment Requirements of Long-term Debt

As of June 30, 2022, the schedule of the repayment requirements of long-term debt is as follows:

	Principal Amount
Fiscal Year	of Long-term Debt
Remainder of 2022	$	4,194
2023		20,031
2024		24,533
2025		96,758
2026		3,367
Thereafter		15,211
Total	$	164,094

Term C Loan Warrants [Member]

Debt Instrument [Line Items]

Summary of Assumptions Used to Calculate the Fair Value of Warrants

The following assumptions were used to calculate the fair value for the Term C Loan Warrants, at issuance:

	February 2022 Warrants		March 2022 Warrants
Exercise price	$	6.60	$	7.74
Contractual term	6.0 years		6.0 years
Volatility rate	55.0%		55.0%
Risk-free interest rate	1.8%		1.6%
Expected dividend rate	0%		0%