General form of registration statement for all companies including face-amount certificate companies

Short-Term and Long-Term Debt (Tables)

v3.21.2
Short-Term and Long-Term Debt (Tables)
 9 Months Ended 12 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Debt Disclosure [Abstract]    
Schedule of short-term and long-term debt
(in thousands)   As of
September 30,
2021		     As of
December 31,
2020		  
Senior Secured Convertible Debenture   $ 500     $
—
  
Debt Discount     (492 )    
—
  
Senior Secured Convertible Debenture, net     8      
—
  
Paycheck Protection Program loan     1,000       1,900  
Paycheck Protection Program loan 2     1,900      
—
  
IPFS Insurance Premium Note Payable     18      
—
  
Total debt, net of debt discount     2,926       1,900  
Less current portion of long-term debt     (1,018 )    
—
  
Total long-term debt, net of current portion   $ 1,908     $ 1,900  

 
(in thousands)   As of
December 31, 2020		     As of
December 31, 2019		  
Promissory notes   $
—
     $ 500  
Paycheck Protection Program loan     1,900      
—
  
Total debt     1,900       500  
Less current portion of long-term debt    
—
       (500 )
Total long-term debt, net of current portion   $ 1,900     $
—
  

 
Schedule short-term related party debt
(in thousands)   As of
September 30,
2021		     As of
December 31,
2020		  
             
Senior Secured Convertible Debenture - related party   $ 47     $
—
  
Debt Discount-related party     (27 )        
Senior Secured Convertible Debenture - related party, net   $ 20     $
—
  

 

  
Schedule of debt maturities
2021   $ 9  
2022     1,029  
2023    
—
  
2024    
—
  
2025    
—
  
Thereafter     1,908  
Total debt, net of debt discount   $ 2,946  

 
2020     $
—
  
2021      
—
  
2022       1,900  
Total debt     $ 1,900