Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Details)

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FAIR VALUE MEASUREMENTS (Details) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Sep. 30, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash and cash equivalents $ 8,173 $ 7,253  
Restricted Cash 13 34 $ 43
Cash and investment in severance benefit accounts 2,817 3,161  
Subordinated term loan [1] 44,386 41,528  
Subordinated Debt [1] 11,540 11,119  
Senior Term Loans [1] 41,545 40,529  
Convertible Debt 31,706 43,928  
Public Warrants 7 345  
Warrant [2] 1 36  
Fair Value, Inputs, Level 1 [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash and cash equivalents 8,173 7,253  
Restricted Cash 13 34  
Cash and investment in severance benefit accounts 2,817 3,161  
Public Warrants 7 345  
Fair Value, Inputs, Level 2 [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Subordinated term loan [1] 26,036 25,503  
Subordinated Debt [1] 7,657 7,386  
Senior Term Loans [1] 35,840 36,680  
Convertible Debt 32,948 48,249  
Fair Value, Inputs, Level 3 [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Warrant [2] $ 1 $ 36  
[1] As of September 30, 2023 and December 31, 2022, the fair value of the subordinated term loan, subordinated debt and senior term loan considered the senior status of the senior term loan under the Fortress Credit Agreement, followed by the junior status of the subordinated term loan and subordinated debt. The implied yields of the subordinated term loan, subordinated debt and senior term loan were 36.75%, 45.80% and 39.82%, respectively, as of September 30, 2023 and 23.00%, 27.18% and 28.78%, respectively, as of December 31, 2022.
[2] As of September 30, 2023 and December 31, 2022, the fair value of warrants outstanding that are classified as liabilities are included in other long-term liabilities in the Company’s condensed consolidated balance sheets. The key inputs to the valuation models that were utilized to estimate the fair value of the Private Placement Warrants as of September 30, 2023 were as follows: