Notes Payable (Tables)

12 Months Ended

Dec. 31, 2021

Notes Payable

Summary of composition of Notes payable

The following table summarizes the composition of Notes payable as reflected on the consolidated balance sheet as of December 31, 2021 (in thousands):

Gross proceeds	$	45,000
Contractual exit fee		900
Unamortized debt discount and issuance costs		(5,091)
Total	$	40,809

Schedule of maturities of Notes payable over the next five years

The aggregate maturities of Notes payable as of December 31, 2021 are as follows (in thousands):

2022	$	—
2023		—
2024		6,825
2025 and thereafter		38,175
Total	$	45,000