Quarterly report pursuant to Section 13 or 15(d)

BORROWINGS (Tables)

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BORROWINGS (Tables)
3 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Borrowings
The Company’s borrowings consist of the following (in thousands):
March 31, 2024
Principal repayment obligation Unamortized DFC Carrying value
Senior Secured Convertible Notes due 2025, current $ 25,000  $ —  $ 25,000 
Senior Secured Convertible Notes due 2025 58,334  (8,912) 49,422 
Senior Secured Notes due 2025 223,910  (12,639) 211,271 
Senior Unsecured Notes due 2028 57,678  (2,150) 55,528 
Total borrowings $ 364,922  $ (23,701) $ 341,221 
December 31, 2023
Principal repayment obligation Unamortized DFC Carrying value
Senior Secured Convertible Notes due 2025 $ 83,334  $ (10,415) $ 72,919 
Senior Secured Notes due 2025 250,000  (16,954) 233,046 
Senior Unsecured Notes due 2028 57,678  (2,241) 55,437 
Total borrowings $ 391,012  $ (29,610) $ 361,402