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DEBT (Tables)
 9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Debt
The following table provides information on the Company’s debt agreements as of September 30, 2025 and December 31, 2024:
$ in thousandsBalance as of:
NoteLoan DateMaturity DateInterest
Rate 		Amount FinancedSeptember 30, 2025December 31, 2024
Senior Unsecured NotesOctober 2021/December 2021October 20268.5 %$72,200 $42,491 $68,541 
Senior Unsecured NotesJuly 2025/September 2025June 203010.0 %2,245 3,358 — 
Total Debt45,849 68,541 
Less: Debt discount and issue costs— (473)
Total debt at book value45,849 68,068 
Less: Current portion(3,535)— 
Long-term debt, net of current portion and deferred financing fees$42,314 $68,068 
Schedule of Interest Expense
The following table details our interest expense related to the Senior Notes and the Equity Interest Payment Agreement (defined below) (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Contractual interest expense on Senior Notes$42 $1,534 $2,772 $4,603 
Amortization of debt (premium) discount and issuance costs— 295 (738)824 
Total interest expense on Senior Notes$42 $1,829 $2,034 $5,427 
Interest expense on Equity Interest Payment Agreement196 — 1,817 — 
Other interest expense6 3 6 12 
Total interest expense$244 $1,832 $3,857 $5,439 
Schedule of Minimum Future Principal Payments on Debt
Minimum future principal payments on debt at September 30, 2025 were as follows:
$ in thousands
Remainder of 2025$— 
202638,410 
2027— 
2028— 
Thereafter2,245 
Total$40,655