Notes Payable (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2024 (in thousands):

Gross proceeds	$	75,000
Contractual exit fee		2,003
Principal payment including associated exit fee		(17,326)
Unamortized debt discount and issuance costs		(3,052)
Total note payable	$	56,625
Current portion of note payable		11,550
Non-current portion of note payable		45,075
Total note payable	$	56,625

Schedule of maturities of notes payable over the next five years

The aggregate maturities of Notes payable as of June 30, 2024 are as follows (in thousands):

Remainder of 2024	$	3,750
2025		15,000
2026		39,375
Total	$	58,125