Annual report pursuant to Section 13 and 15(d)

LONG-TERM DEBT (Tables)

v3.22.4
LONG-TERM DEBT (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of long-term debt
               
    December 31,  
    2022     2021  
Finnish Funding Agency for Technology and Innovation (“Tekes”)   $ 413     $ 431  
Less current portion – product development loans     (259 )     (275 )
Less accrued interest on product development loans – current     (154 )     (156 )
Total long-term debt   $ -     $ -  
Schedule of contractual maturities
                                               
    Senior
Term Loan
    Subordinated
Debt
    Subordinated
Term Loan
    Long-Term
Debt
    Convertible
Debt
    Total  
2023   $ 5,280     $ 11,119     $ -     $ 259     $ -     $ 16,658  
2024     38,855       -       -       -       43,928       82,783  
2025     -       -       41,528       -       -       41,528  
2026     -       -       -       -       -       -  
2027     -       -       -       -       -       -  
Thereafter     -       -       -       -       -       -  
    $ 44,135     $ 11,119     $ 41,528     $ 259     $ 43,928     $ 140,969  
Unamortized debt issuance costs     (1,266 )     -       -       -       -       (1,266 )
Unamortized purchase discount     (2,340 )     -       -       -       -       (2,340 )
Total Debt   $ 40,529     $ 11,119     $ 41,528     $ 259     $ 43,928     $ 137,363