Debt and Lease Obligations (Tables)

12 Months Ended

Dec. 31, 2022

Debt And Lease Obligations [Abstract]

Schedule of Debt

The Company’s debt as of December 31, 2022 and 2021, consists of the following (in thousands):

	December 31,
	2022		2021
Current portion of senior secured loan, net of debt discount and financing fees of $7,698 and $0, respectively	$	36,989	$	45,938
Current portion of finance lease obligations		138		138
Current portion of operating lease obligations		2,087		2,478
Long-term portion of finance lease obligations		93		207
Long-term portion of operating lease obligations		3,051		4,494
Senior secured loan, net of debt discount and financing fees    of $0 and $8,663, respectively		—		95,400
Royalty financing liability, long-term, net of financing fees of $4,982		86,745		—
Total	$	129,103	$	148,655

Summary Of Royalty Financing Liability Activity

The following table summarizes the royalty financing liability activity during the year ended December 31, 2022 (in thousands):

Proceeds from the sale of future royalties, gross	$	81,500
Less: initial issuance costs, recorded as a discount		(4,982	)
Interest expense recognized		11,158
Less: Royalty financing payments		(931	)
Royalty financing liability at December 31, 2022	$	86,745

Summary of Components of Lease Expense

The components of lease expense are as follows (in thousands):

	Year Ended December 31, 2022		Year Ended December 31, 2021
Operating lease cost	$	2,232	$	2,498
Finance lease cost:
Amortization of assets		114		114
Interest on lease liabilities		34		46
Total net lease cost	$	2,380	$	2,658

Schedule of Supplemental Balance Sheet Information Related to Leases of Debt

Supplemental balance sheet information related to leases is as follows (in thousands, except lease term and discount rate):

	December 31, 2022			December 31, 2021
Finance leases:
Property and equipment, at cost	$	515		$	515
Accumulated amortization, net		(315	)		(200	)
Property and equipment, net	$	200		$	315
Current obligations of finance leases	$	138		$	138
Long-term portion of finance leases		93			207
Total finance lease obligations	$	231		$	345
Weighted average remaining lease term (in years):
Operating leases		2.96			3.75
Finance leases		1.21			1.36
Weighted average discount rate:
Operating leases		13.1	%		13.0	%
Finance leases		7.9	%		5.6	%

Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases is as follows (in thousands):

	Year Ended December 31, 2022			Year Ended December 31, 2021
Cash paid for amount included in the measurements of lease    liabilities:
Operating cash flows from operating leases	$	(2,623	)	$	(2,830	)
Operating cash flows from finance leases		(113	)		(101	)
Financing cash flows from finance leases		(34	)		(46	)
ROU assets recognized in exchange for new operating lease    obligations	$	18		$	89

Schedule of Future Minimum Payments and Maturities of Leases

Future minimum payments and maturities of leases is as follows (in thousands):

Year ending December 31:	Operating Leases			Finance Leases
2023	$	2,238		$	147
2024		2,034			110
2025		1,472			—
2026		347			—
2027		131			—
Total lease payments		6,222			257
Less: Imputed interest		(1,084	)		(26	)
Total lease obligations		5,138			231
Less: Current obligations		(2,087	)		(138	)
Long-term lease obligations	$	3,051		$	93