Debt, Net (Tables)

12 Months Ended

Dec. 31, 2020

The following table summarizes the components of debt (in thousands):


	December 31, 2020		December 31, 2019
Debt, net, current:
Sprott Credit Agreement(1)	$	5,274	$	—
2.0 Lien Notes	—		208,411
1.5 Lien Notes	—		137,050
First Lien Agreement	—		125,468
1.25 Lien Notes	—		77,212
Promissory Note	—		6,773
Less, debt issuance costs	(154)		(949)
Total	$	5,120	$	553,965

Debt, net, non-current:
Subordinated Notes	$	84,797	$	—
Sprott Credit Agreement	61,894		—
Less, debt issuance costs	(4,026)		—
Total	$	142,665	$	—

(1)Amount represents $1.6 million of Additional Interest (as defined in the Sprott Credit Agreement) plus 5.0% of the Company's outstanding debt balance as of December 31, 2020 under the Sprott Credit Agreement.

Schedule of maturities of long-term debt

The following table summarizes the Company's contractual payments of long-term debt, including current maturities, for the five years subsequent to December 31, 2020 (in thousands):


2021	$	5,274
2022	16,698
2023	23,948
2024	23,948
2025	96,771
Total	166,639
Less, original issue discount	(14,674)
Less, debt issuance costs	(4,180)
Total debt, net, current and non-current	$	147,785

Components of recorded interest expense

The following table summarizes the components of recorded interest expense (in thousands):


	Year Ended December 31,
	2020		2019
2.0 Lien Notes	$	12,902	$	28,537
1.5 Lien Notes	8,635		18,763
1.25 Lien Notes	6,218		5,241
First Lien Agreement	4,575		10,022
Sprott Credit Agreement	6,009		—
Subordinated Notes	4,797		—
Amortization of debt issuance costs	1,972		2,048
Promissory Note	141		786
Other interest expense	40		—
Capitalized interest	(1,831)		(551)
Total	$	43,458	$	64,846