DEBT (Tables)

9 Months Ended

Sep. 30, 2024

Debt Disclosure [Abstract]

Schedule of Debt

The following table provides information on the Company’s debt agreements:

$ in thousands							Balance as of:
Note	Loan Date	Maturity Date	Interest Rate		Amount Financed		September 30, 2024		December 31, 2023
Senior Unsecured Notes	October 2021/December 2021	October 2026	8.5	%	$	72,200	$	72,200	$	72,200
Total Debt							72,200		72,200
Less: Debt discount and issue costs							(2,665)		(3,490)
Total debt at book value							69,535		68,710
Less: Current portion							—		—
Long-term debt, net of current portion and deferred financing fees							$	69,535	$	68,710

Minimum Future Principal Payments on Debt

Minimum future principal payments on debt at September 30, 2024 were as follows:

$ in thousands
Remainder of 2024	$	—
2025	—
2026	72,200
2027	—
2028	—
Total	$	72,200