Annual report pursuant to Section 13 and 15(d)

Debt and Interest Rate Swap (Tables)

v3.24.0.1
Debt and Interest Rate Swap (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Debt
The carrying amount of the Company’s long-term debt consists of the following:
December 31, 2023 December 31, 2022
(in thousands)
Principal balance:
Initial term loan under June 23, 2021 credit agreement $ 125,000  $ 125,000 
Total principal balance 125,000  125,000 
Less:
     Unamortized debt discount (571) (695)
     Unamortized debt issuance costs (2,054) (2,548)
Net carrying amount of long-term debt 122,375  121,757 
Less: current portion of long-term debt —  — 
Long-term debt, non-current portion $ 122,375  $ 121,757