Debt, Net (Tables)

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

Schedule of Components of Debt

The following table summarizes the components of Debt, net (in thousands):

	June 30, 2023		December 31, 2022
Debt, net, current:
Sprott Credit Agreement	$	2,200	$	2,200
Notes payable	128		128
Total	$	2,328	$	2,328
Debt, net, non-current:
Sprott Credit Agreement, net of original issue discount of $9.4 million	$	42,507	$	42,503
Subordinated Notes	96,741		92,080
Notes payable	141		205
Less, debt issuance costs	(1,862)		(2,098)
Total	$	137,527	$	132,690

Schedule of Maturities of Long-Term Debt

The following table summarizes the Company’s contractual payments of Debt, net, including current maturities, for the five years subsequent to June 30, 2023 (in thousands):

July 1, 2023 through December 31, 2023	$	1,163
2024	2,329
2025	1,154
2026	22
2027	146,431
Total	151,099
Less, original issue discount, net of accumulated amortization of $10.8 million	(9,382)
Less, debt issuance costs, net of accumulated amortization of $3.1 million	(1,862)
Total debt, net	$	139,855

Schedule of Components of Recorded Interest Expense

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

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Sprott Credit Agreement	$	1,549	$	1,088	$	3,020	$	2,587
Subordinated Notes	2,368		2,426		4,667		4,766
Amortization of original issue discount	554		559		1,103		1,717
Amortization of debt issuance costs	115		123		230		454
Other interest expense	1		2		3		20
Total	$	4,587	$	4,198	$	9,023	$	9,544