Debt (Tables)

3 Months Ended

Mar. 31, 2022

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

The table below presents details of the Company’s debt as of the following periods including the effective interest rate as of December 31, 2021:

			Successor
	Effective interest rate		December 31, 2021		December 31, 2020
Adams Street Term Loan	7.58	%	$	30,690	$	31,000
Adams Street Revolving Credit Facility	7.00		—		—
Adams Street Delayed Draw Term Loan	7.57		14,850		—
Adams Street Incremental Term Loan	7.47		31,760		—
SVB Loan	—		—		46,500
DSS PPP Loan	—		—		1,058
D&O Financing Loan	1.75		1,904		—
Total debt			79,204		78,558
Less: unamortized discounts and issuance costs			1,653		842
Total debt, net			77,551		77,716
Less: Short-term debt, including current portion of long-term debt			2,684		1,074
Total long-term debt, net			$	74,867	$	76,642

The table below presents details of the Company’s debt as of the following periods including the effective interest rate as of March 31, 2022:

	Effective interest rate		March 31, 2022		December 31, 2021
Adams Street Term Loan	7.58	%	$	30,613	$	30,690
Adams Street Revolving Credit Facility	—		—		—
Adams Street Delayed Draw Term Loan	7.58		14,813		14,850
Adams Street Incremental Term Loan	7.47		31,680		31,760
D&O Financing Loan	1.75		761		1,904
Total debt			77,867		79,204
Less: unamortized discounts and issuance costs			1,580		1,653
Total debt, net			76,287		77,551
Less: Short-term debt, including current portion of long-term debt			1,542		2,684
Total long-term debt, net			$	74,745	$	74,867

Schedule of Maturities of Long-term Debt

The maturities of the Company’s long-term debt outstanding as of December 31, 2021 are as follows:

	2022		2023		2024		2025		2026		Thereafter		Total
Adams Street Term Loan	$	310	$	310	$	310	$	310	$	29,450	$	—	$	30,690
Adams Street Delayed Draw Term Loan	150		150		150		150		14,250		—		14,850
Adams Street Incremental Term Loan	320		320		320		320		30,480		—		31,760
D&O Financing Loan	1,904		—		—		—		—		—		1,904
Total long-term debt maturities	$	2,684	$	780	$	780	$	780	$	74,180	$	—	$	79,204

The maturities of the Company’s long-term debt outstanding as of March 31, 2022 are as follows:

	Remainder of 2022		2023		2024		2025		2026		Thereafter		Total
Adams Street Term Loan	$	233	$	310	$	310	$	310	$	29,450	$	—	$	30,613
Adams Street Delayed Draw Term Loan	113		150		150		150		14,250		—		14,813
Adams Street Incremental Term Loan	240		320		320		320		30,480		—		31,680
D&O Financing Loan	761		—		—		—		—		—		761
Total long-term debt maturities	$	1,347	$	780	$	780	$	780	$	74,180	$	—	$	77,867

Interest Income and Interest Expense Disclosure

The table below presents the interest expense on debt, including the amortization of discounts and issuance costs for the following periods:

	Successor				Predecessor
	Year Ended December 31, 2021		Period from February 10, 2020 to December 31, 2020		Period from January 1, 2020 to June 21, 2020
Interest expense on debt	$	6,458	$	878	$	83

The table below presents the interest expense on debt, including the amortization of discounts and issuance costs for the following periods:

	Three Months Ended
	March 31, 2022		March 31, 2021
Interest expense on debt	$	1,452	$	1,410