DEBT (Tables)

3 Months Ended

Mar. 31, 2021

Long-term Debt, Unclassified [Abstract]

Summary of long-term debt

The following table reflects the Company’s debt as of March 31, 2021 and December 31, 2020 (in thousands):

	March 31, 2021		December 31, 2020
13% Senior Secured Note due 2024	$	80,250	$	80,250
Royalty rights obligation	3,587		3,533
2.50% Convertible Notes due 2021	335		335
Total principal amount	84,172		84,118
Unamortized debt discounts	—		(16)
Carrying value	84,172		84,102
Less: current portion of long-term debt	(12,338)		(11,942)
Net, long-term debt	$	71,834	$	72,160

Summary of interest expense for the convertible notes

The following table reflects Interest expense included in the Condensed Consolidated Statements of Comprehensive Income for the three months ended March 31, 2021 and 2020 (in thousands):

	Three Months Ended March 31,
	2021		2020
Stated coupon interest	$	2,614	$	3,287
Amortization of debt discount, and royalty rights	70		5,387
Total interest expense	$	2,684	$	8,674