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Debt (Tables)
6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Summary of Non-convertible Debt Outstanding

The Company’s non-convertible debt outstanding at June 30, 2022 and December 31, 2021 is summarized as follows:

 

June 30,

 

 

December 31,

 

 

2022

 

 

2021

 

Italian Economic Development Agency Loan

 

323

 

 

 

525

 

Intesa Sanpaolo Loan 1

 

7,384

 

 

 

8,507

 

Intesa Sanpaolo Loan 2

 

5,225

 

 

 

5,672

 

Horizon 2020 Loan

 

414

 

 

 

486

 

RIF Shareholders Loan

 

15,674

 

 

 

17,015

 

UniCredit Loan

 

5,188

 

 

 

5,630

 

Total debt obligation

$

34,208

 

 

$

37,835

 

Unamortized loan discount and issuance costs

 

(1,016

)

 

 

(754

)

Total debt obligation carrying amount

$

33,192

 

 

$

37,081

 

Current portion

$

3,177

 

 

$

1,950

 

Long-term portion

$

30,015

 

 

$

35,131

 

Summary of Future Maturities to Non-convertible Debt Outstanding

Future maturities with respect to debt outstanding at June 30, 2022 are as follows (in thousands):

 

At June 30, 2022

 

Remaining 2022 obligation

 

1,362

 

2023

 

7,909

 

2024

 

5,315

 

2025

 

3,868

 

2026

 

3,889

 

More than 5 years

 

11,865

 

Total maturities

$

34,208