Related Parties

6 Months Ended

Jun. 30, 2024

Related Party Transactions [Abstract]

Related Parties

Note 9 – Related parties

As of June 30, 2024, $147.9 million including paid-in kind interest of the Company's Convertible Debentures was owed to affiliates of MGG Investment Group, which is an affiliate of a director of the Company. For the three months ended June 30, 2024 and 2023, the Company recognized $4.2 million and $3.7 million in interest expense, respectively, and for the six months ended June 30, 2024 and 2023, the Company recognized $8.0 million and $7.3 million in interest expense, respectively, related to the Convertible Debentures owned by affiliates of the MGG Investment Group.