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Debt (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Debt
The carrying values of the borrowings pursuant to the Original Offering as of December 31, 2024 and 2023 are summarized below (in thousands):
As of December 31,
20242023
Principal outstanding$2,500 $2,500 
Plus: accrued interest500 400 
Less: unamortized debt issuance costs(84)(100)
Carrying value, net2,916 2,800 
Less: current portion of long term debt(1,326)— 
Long term debt, net of current portion$1,590 $2,800 
The carrying values of the borrowings pursuant to the Loan and Security Agreement as of December 31, 2024 and 2023 are summarized below (in thousands):
As of December 31,
20242023
Principal outstanding$30,000 $— 
Plus: accrued interest— — 
Less: unamortized debt issuance costs(4,245)— 
Carrying value, net$25,755 $— 
Schedule of Maturities of Long-Term Debt
The following table summarizes the scheduled debt maturities for the next five years and thereafter (in thousands):
For the years ending December 31,Total Maturities
2025$1,000 
20261,250 
202716,000 
202813,750 
2029 and thereafter500 
Total Debt$32,500