Notes Payable (Tables)

3 Months Ended

Mar. 31, 2024

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 March 31, 2024 (in thousands):

Gross proceeds	$	75,000
Contractual exit fee		2,003
Unamortized debt discount and issuance costs		(3,530)
Total note payable	$	73,473
Current portion of note payable		15,401
Non-current portion of note payable		58,072
Total note payable	$	73,473

Schedule of maturities of notes payable over the next five years

The aggregate maturities of Notes payable as of March 31, 2024 are as follows (in thousands):

Remainder of 2024	$	11,250
2025		15,000
2026		48,750
Total	$	75,000