v3.24.1.u1
DEBT (Tables)
3 Months Ended
Mar. 31, 2024
DEBT  
Schedule of long-term debt, net

Long-term debt, net consists of the following:

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​

​

​

​

​

​

​

​

    

March 31, 

    

December 31, 

​

​

2024

​

2023

Principal amount

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$

192,500

​

$

196,250

Unamortized debt discount associated with debt financing costs

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(2,504)

​

 

(2,684)

Total debt, net

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​

189,996

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​

193,566

Less current portion

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​

(15,000)

​

​

(15,000)

Long-term debt, net

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$

174,996

​

$

178,566

Schedule of future minimum payments relating to long term debt

Future minimum payments relating to total debt, net as of March 31, 2024, for the periods indicated below consists of the following:

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​

​

​

​

Years ending December 31, 

​

​

​

2024 (excluding the three months ended March 31, 2024)

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$

11,250

2025

​

 

16,250

2026

​

 

20,000

2027

​

 

20,000

2028

​

 

125,000

Thereafter

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​

—

Total

​

$

192,500

Schedule of interest expense related to long term debt

Interest expense related to the Company’s long-term debt, net, is included in interest expense within the unaudited condensed consolidated statements of operations and comprehensive income and consists of the following:

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​

​

​

​

​

​

​

​

Three Months Ended

​

​

March 31, 

​

​

2024

    

2023

Interest on principal balance

​

$

4,355

​

$

5,315

Amortization of deferred financing costs

​

 

180

​

 

416

Total term loan interest expense

​

$

4,535

​

$

5,731

​