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Notes Payable (Tables)
12 Months Ended
Dec. 31, 2022
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, 2022 (in thousands):

Gross proceeds

$

75,000

Contractual exit fee

 

2,003

Unamortized debt discount and issuance costs

 

(5,985)

Total

$

71,018

Schedule of maturities of Notes payable over the next five years

The aggregate maturities of Notes payable as of December 31, 2022 are as follows (in thousands):

2023

$

2024

11,250

2025

15,000

2026

48,750

Total

$

75,000