XML 120 R58.htm IDEA: XBRL DOCUMENT v3.23.2
Debt - Narrative (Details)
1 Months Ended 3 Months Ended 6 Months Ended
Jun. 15, 2023
USD ($)
Jun. 09, 2023
USD ($)
Dec. 15, 2022
Aug. 12, 2022
USD ($)
$ / shares
shares
Jun. 15, 2021
USD ($)
shares
Jun. 09, 2021
USD ($)
Aug. 31, 2022
USD ($)
Aug. 31, 2021
USD ($)
Jun. 30, 2023
USD ($)
Jun. 30, 2022
USD ($)
Jun. 30, 2023
USD ($)
quarterly_installment
Jun. 30, 2022
USD ($)
Jun. 16, 2023
USD ($)
May 11, 2023
Mar. 31, 2023
Feb. 26, 2023
Dec. 31, 2022
USD ($)
Debt Instrument [Line Items]                                  
Interest expense                 $ 7,136,000 $ 6,603,000 $ 13,994,000 $ 13,598,000          
Debt issuance costs                     0 3,234,000          
Stock issued during period, reverse stock splits (in shares) | shares       115,000                          
Stock issued during period, reverse stock splits       $ 700,000                          
Total debt                 $ 172,227,000   $ 172,227,000           $ 182,500,000
Related Party                                  
Debt Instrument [Line Items]                                  
Debt instrument, interest rate                 3.50%   3.50%            
Interest expense                 $ 3,000 11,000 $ 6,000 21,000          
Notes payable to related parties                 200,000   $ 200,000           300,000
Number of quarterly installments | quarterly_installment                     8            
Accrued interest on debt                 0   $ 0           0
Innovations Group                                  
Debt Instrument [Line Items]                                  
Noncontrolling interest, ownership percentage by parent                           100.00%   100.00%  
2026 Notes | Convertible notes                                  
Debt Instrument [Line Items]                                  
Principal amount       $ 3,000,000 $ 160,000,000                        
Debt instrument, interest rate         6.25%                        
Convertible, shares issuable (in shares) | shares       1,079,812 1,502,347                        
Conversion price (in dollars per share) | $ / shares       $ 106.50                          
Proceeds from issuance of long-term debt         $ 151,900,000                        
Debt issuance costs       $ 2,200,000 $ 8,100,000                        
Fair value of derivative liability                 59,000   59,000           56,000
Interest expense                 4,300,000 6,000,000 8,600,000 12,000,000          
Contractual interest expense                 1,800,000 2,500,000 3,600,000 5,000,000          
Derivative accretion                 2,200,000 400,000 4,400,000 800,000          
Debt issuance costs amortization                 300,000 3,100,000 600,000 6,200,000          
Loss on fair value of derivative liability                 29,000                
Gain on fair value of derivative liability                   1,800,000   6,700,000          
Loss on fair value of derivative liability                     3,000            
Repayments of convertible debt       45,000,000                          
Debt instrument, fact amount, per instrument       $ 2,000,000                          
Debt repurchase, percentage of principal amount       100.00%                          
Total debt                 115,000,000   115,000,000           115,000,000
2025 Notes | Disposal Group, Not Discontinued Operations | Innovation Group                                  
Debt Instrument [Line Items]                                  
Net proceeds   0.20                              
2025 Notes | Convertible notes                                  
Debt Instrument [Line Items]                                  
Principal amount       $ 67,500,000                          
Convertible, shares issuable (in shares) | shares       3,857,142                          
Conversion price (in dollars per share) | $ / shares       $ 17.50                          
Contractual interest expense                 2,300,000   4,600,000            
Debt issuance costs amortization                 400,000   600,000            
Write off of debt issuance costs                 300,000   300,000            
Repayments of convertible debt $ 10,300,000                                
Debt repurchase, percentage of principal amount   100.00%   105.00%                          
Gross cash proceeds       $ 22,500,000                          
Debt issuance costs       $ 1,500,000                          
Debt instrument, interest rate floor (percent)     12.21% 10.50%                          
Debt redemption, repurchase increment       $ 1,000                          
Sale of assets, net proceeds threshold for repurchase       $ 15,000,000                          
Sale of assets, cash repurchase price as a percentage of net proceeds       20.00%                          
Sale of assets, net proceeds threshold, redemption price percentage       100.00%                          
Repurchased face amount   $ 10,300,000                              
Percentage of principal amount redeemed 15.22%                                
Total debt                 57,227,000   57,227,000   $ 57,200,000       67,500,000
Interest expense                 $ 2,700,000   $ 5,200,000            
Effective interest rate                 14.25%   14.25%       14.03%    
2025 Notes | Convertible notes | SOFR                                  
Debt Instrument [Line Items]                                  
Basis spread on variable rate (percent)       9.00%                          
Seller Notes | Notes payable, other payables                                  
Debt Instrument [Line Items]                                  
Principal amount                 $ 0   $ 0           0
Interest expense                 0 $ 500,000 0 $ 900,000          
Accrued interest on debt                 $ 0   $ 0           $ 0
Repayments of sellers notes           $ 88,100,000 $ 18,700,000 $ 11,100,000                  
Payment for accrued interest             $ 1,900,000