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Debt (Tables)
12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Summary of short-term debt and current portion of long-term debt
Short-term debt and current portion of long-term debt at December 31, 2021 and 2020 consists of the following:
(in thousands)December 31, 2021 December 31, 2020
1% Paycheck Protection Program Loan, due May 13, 2022
$— $2,000 
1% Small Business Administration Loan, due May 2, 2022
— 2,993 
1% Paycheck Protection Program Loan, due October 24, 2026
183 — 
Current portion of term loan payable— 375 
Short-term debt and current portion of long-term debt$183 $5,368 
Summary of long-term debt, net of unamortized debt issuance costs
The Company accounts for long-term debt net of debt issuance costs. See Note 2 for a summary of the Company’s policies relating to long-term debt. Long-term debt, net of unamortized debt issuance costs and current portion at December 31, 2021 and 2020, consists of the following:
(in thousands)December 31, 2021 December 31, 2020
Variable Rate Revolving Credit Facility Term Loan, interest at LIBOR plus applicable margin, due February 26, 2025$— $7,219 
Less:
Unamortized debt issuance costs— 283 
Current portion of term loan payable, net of debt issuance costs— 375 
Long-term debt, net of unamortized debt issuance costs and current portion$— $6,561