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

Debt (Tables)

v3.21.2
Debt (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Long-term Debt, by Current and Noncurrent [Abstract]    
Summary of debt
Debt consisted of the following (in thousands):
 
    
As of September 30,
2021
    
As of December 31,
2020
 
PPP loan
   $ —        $ 104  
Share settlement note
     —          50  
Cargill Loan
     16,293        —    
Unamortized deferred financing costs, Cargill Loan
     (655      —    
Convertible notes with fair value adjustment ($26,050 thousand in face value)
     31,117        —    
    
 
 
    
 
 
 
Total debt
     46,755        154  
Share settlement note - short term
     —          (50
Convertible notes with fair value adjustment ($26,050 thousand in face value)
     (31,117      —    
    
 
 
    
 
 
 
Long-term debt, less current portion and convertible notes
   $ 15,638      $ 104  
    
 
 
    
 
 
 
    
As of December 31,
 
    
  2020  
    
  2019  
 
Promissory notes
   $ —        $ 2,497  
PPP loan
     104        —    
Share settlement note
     50        —    
    
 
 
    
 
 
 
Total debt
     154      $ 2,497  
    
 
 
    
 
 
 
Less: current portion
     (50      —    
    
 
 
    
 
 
 
Long-term debt, less current portion
   $ 104      $ 2,497