DEBT (Tables)

6 Months Ended

Jun. 30, 2024

Schedule of Outstanding Loan Arrangements

The following table summarizes the Company's outstanding borrowing arrangements, excluding governmental loans:


	As of June 30,		As of December 31,
(in thousands)	2024		2023
Term Loan	$	114,791	$	114,708
Payment in kind interest on Term Loan	62,897		56,063
Orinter short-term loan	842		2,578
Total outstanding principal balance	178,530		173,349
Less: Unamortized debt issuance costs and discounts	(9,244)		(11,842)
Total debt	169,286		161,507
Less: Current portion of long-term debt	(5,182)		(10,828)
Long-term debt, net of current portion	$	164,104	$	150,679

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details