Borrowings (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Schedule of Debt

The Company’s borrowings consist of the following related and third-party borrowings:

		December 31, 2023				December 31, 2022
	Maturity Date	Borrowing Outstanding		Carrying Value*		Borrowing Outstanding		Carrying Value*
2021 Convertible Notes Payable	June 2026	115,815		94,386		109,167		82,950
Senior Secured Term Loan	March 2026	100,000		85,624		100,000		81,616
AFG Convertible Note	June 2026	17,429		18,139		—		—
Equipment financing facility	April 2026	5,718		5,710		8,577		8,577
Yorkville Convertible Promissory Note	June 2023	$	—	$	—	$	2,000	$	2,688
Total borrowings		238,962		203,859		219,744		$	175,831
Current portion		3,332		3,332		5,560		5,560
Total borrowings, non-current		$	235,630	$	200,527	$	214,184	$	170,271

*Carrying value includes unamortized deferred financing costs, unamortized discounts, and fair value of embedded derivative liabilities.

The carrying value of the Senior Secured Term Loan is as follows:

	December 31,
	2023		2022
Principal	$	100,000	$	100,000
Unamortized debt discount	(1,459)		(1,866)
Unamortized debt issuance costs	(12,917)		(16,518)
Aggregate carrying value	$	85,624	$	81,616

Date of Draw	Gross Amount of Initial Draw		Coupon Interest Rate	Debt Issuance Costs
September 2021	$	7,000	14.3%	$	175
September 2022	4,216		16.2%	96
Total Equipment Financing loans	$	11,216		$	271

Summary of Interest Expense

Interest expense recognized on the 2021 Convertible Notes is as follows:

	For the Years Ended December 31,
	2023		2022
Contractual interest expense	$	6,648	$	6,267
Amortization of debt discount	5,237		3,588
Amortization of debt issuance costs	508		388
Total	$	12,393	$	10,243

Interest expense recognized on the AFG Convertible Notes is as follows:

	Year Ended
	December 31, 2023
Contractual interest expense	$	3,679
Amortization of debt discount	743
Amortization of debt issuance costs	209
Total	$	4,631

The following table summarizes interest expense recognized on the Senior Secured Term Loan:

	For the Years Ended December 31,
	2023		2022
Contractual interest expense	$	13,943	$	4,887
Amortization of debt discount	407		142
Amortization of debt issuance costs	3,601		1,320
Total	$	17,951	$	6,349

Schedule of Balances Recognized Upon Issuance of Convertible Notes

The carrying value for the 2021 Convertible Notes is as follows:

	December 31,
	2023		2022
Principal	$	115,815	$	109,167
Unamortized debt discount	(19,612)		(24,733)
Unamortized debt issuance costs	(1,895)		(2,402)
Embedded derivative liability	78		918
Aggregate carrying value	$	94,386	$	82,950

The balance for the AFG Convertible Notes is as follows:

	December 31, 2023
Principal	$	17,429
Unamortized debt discount	(2,835)
Unamortized debt issuance costs	(800)
Embedded conversion feature	4,345
Aggregate carrying value	$	18,139