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Debt and Other Financing (Tables)
3 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Debt
The carrying value of the Company’s outstanding debt consisted of the following amounts:
March 31,December 31,
20242023
(in thousands)
Current portion of long-term debt$375 $— 
Non-current portion of long-term debt85,703 84,578 
Total long-term debt86,078 84,578 
Unamortized debt issuance costs(1,079)(1,076)
Outstanding balance$84,999 $83,502 

Effective Interest RateMarch 31,December 31,
Name of Loan20242023
(in thousands)
Loans from Related Parties
12.23% - 12.57%
$84,578 $84,578 
Satellite Procurement Vendor Financing
12.74%1,500 — 
Total$86,078 $84,578