Quarterly report pursuant to Section 13 or 15(d)

Long-term Debt (Tables)

v3.21.2
Long-term Debt (Tables)
9 Months Ended
Sep. 30, 2021
Long-term Debt  
Summary of components of long-term debt

The components of the Company’s long-term debt consisted of the following (in thousands):

September 30, 

December 31, 

    

2021

    

2020

Term loans payable

$

10,000

$

10,000

Revolving line of credit outstanding

 

5,422

 

3,550

Convertible note

 

 

3,000

Less: Unamortized discount

 

(63)

 

(118)

 

15,359

 

16,432

Less: Current portion of long-term debt

 

1,000

 

Long-term debt, net of discount

$

14,359

$

16,432

Summary of future principal payments on long-term debt

As of September 30, 2021, future principal payments on long-term debt are as follows (in thousands):

Year Ending December 31,

    

2021 (remaining three months)

$

2022

 

7,422

2023

 

4,000

2024

 

4,000

2025

$

15,422