Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt - Agreement (Details)

v3.24.3
Long-Term Debt - Agreement (Details) - USD ($)
$ / shares in Units, $ in Thousands
 1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Dec. 15, 2023
Sep. 30, 2024
Sep. 30, 2024
Mar. 31, 2024
Sep. 30, 2024
Dec. 31, 2023
Long-term debt            
Current portion of long-term debt   $ 9,826 $ 9,826   $ 9,826 $ 5,543
Long-term debt   $ 108,089 $ 108,089   108,089 $ 118,518
Cash paid for interest         9,985  
Principal repayment         $ 6,902  
Common Stock Warrants, Exercise price of $35.00 per share            
Long-term debt            
Exercise price of warrants (in dollars per share)   $ 35.00 $ 35.00   $ 35.00 $ 35.00
Common Stock Warrants, Exercise price of $42.50 per share            
Long-term debt            
Exercise price of warrants (in dollars per share)   42.50 42.50   42.50 42.50
Common Stock Warrants, Exercise price of $50.00 per share            
Long-term debt            
Exercise price of warrants (in dollars per share)   $ 50.00 $ 50.00   $ 50.00 $ 50.00
Blue Owl Loan Agreement            
Long-term debt            
Maximum borrowing capacity $ 140,000          
Interest rate (as a percent) 9.875%          
Security interest as a percentage of equity of wholly owned subsidiary 100.00%          
Blue Owl Loan Agreement | Common Stock Warrants, Issued December 2023            
Long-term debt            
Fair value of warrants $ 1,500          
Blue Owl Loan Agreement | Common Stock Warrants, Exercise price of $35.00 per share            
Long-term debt            
Warrants to purchase shares of common stock 40,000          
Exercise price of warrants (in dollars per share) $ 35.00          
Blue Owl Loan Agreement | Common Stock Warrants, Exercise price of $42.50 per share            
Long-term debt            
Warrants to purchase shares of common stock 40,000          
Exercise price of warrants (in dollars per share) $ 42.50          
Blue Owl Loan Agreement | Common Stock Warrants, Exercise price of $50.00 per share            
Long-term debt            
Warrants to purchase shares of common stock 40,000          
Exercise price of warrants (in dollars per share) $ 50.00          
Blue Owl Loan Agreement, Initial term loan            
Long-term debt            
Maximum borrowing capacity $ 130,000          
Aggregate principal amount 130,000          
Proceeds from issuance of long-term debt, net 119,600          
Fees and lender expenses 4,100          
Amount deposited into reserve accounts to pay interest, administrative fees and operating expenses 6,300          
Debt issuance costs 600 $ 700 $ 700   $ 700  
Gross principal 130,000 $ 123,098 $ 123,098   $ 123,098 $ 130,000
Effective interest rate (as a percent)   11.16% 11.16%   11.16% 11.01%
Debt discount costs 5,300 $ 4,500 $ 4,500   $ 4,500  
Debt discount, allocated fees and lender expenses 3,800          
Current portion of long-term debt   9,826 9,826   9,826 $ 5,500
Long-term debt   108,089 108,089   108,089 118,500
Interest expense     $ 3,493   10,446 $ 600
Semi-annual payment, principal and interest   9,500   $ 7,400    
Cash paid for interest   6,200   3,800    
Principal repayment   $ 3,300   $ 3,600 6,902  
Blue Owl Loan Agreement, Initial term loan | Common Stock Warrants, Issued December 2023            
Long-term debt            
Fair value of warrants 1,500          
Blue Owl Loan Agreement, Delayed draw term loan            
Long-term debt            
Maximum borrowing capacity 10,000          
Proceeds from issuance of long-term debt         $ 0  
Allocated costs for the term loan commitment $ 300