Debt (Tables)

6 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

Schedule of long term debt

The following table summarizes the debt:

	As of June 30, 2024 (unaudited)							As of December 31, 2023
	Principal Balance		Unamortized Discount and Debt Issuance Costs			Carrying Value		Principal Balance		Unamortized Discount and Debt Issuance Costs			Carrying Value
Senior Secured Notes, effective interest rate of 10.1% as of June 30, 2024, as amended	$	62,691	$	(227	)	$	62,464	$	62,691	$	(272	)	$	62,419
Delayed Draw Term Notes, effective interest rate of 10.2% as of June 30, 2024, as amended		4,000		(26	)		3,974		4,000		(31	)		3,969
2022 Bridge Notes, effective interest rate of 10.2% as of June 30, 2024, as amended		36,000		(66	)		35,934		36,000		(79	)		35,921
Total	$	102,691	$	(319	)	$	102,372	$	102,691	$	(382	)	$	102,309

Summary of Interest Expense

The following table represents interest expense:

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Amortization of debt costs:
Line of Credit	$	-	$	53	$	418	$	107
2023 Notes		28		-		113		-
Senior Secured Notes		22		225		45		448
Delayed Draw Term Notes		3		26		6		51
2022 Bridge Notes		7		411		14		1,039
Total amortization of debt costs		60		715		596		1,645
Noncash and accrued interest:
Simplify Loan		322		-		363		-
2023 Notes		202		-		404		-
Senior Secured Notes		1,585		-		3,170		-
Delayed Draw Term Notes		101		-		202		-
2022 Bridge Notes		910		-		1,820		-
Other		-		602		-		602
Total noncash and accrued interest		3,120		602		5,959		602
Cash paid interest:
Line of Credit		911		309		1,706		747
Senior Secured Notes		-		1,585		-		3,152
Delayed Draw Term Notes		-		101		-		201
2022 Bridge Notes		-		1,320		-		2,447
Other		158		369		327		389
Total cash paid interest		1,069		3,684		2,033		6,936
Total interest expense	$	4,249	$	5,001	$	8,588	$	9,183