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DEBT (Tables)
 9 Months Ended
Sep. 30, 2024
Debt Disclosure [Abstract]  
Summary of Outstanding Debt and Interest Expense
Outstanding debt consisted of the following (in thousands):
September 30, 2024December 31, 2023
Principal value of Term Loan, including Final Payment of $1,635
$31,635 $31,635 
Fair value of bifurcated embedded derivatives1,520 2,560 
Unamortized debt discount(3,481)(4,298)
Total debt, long-term$29,674 $29,897 
The following table provides the components of interest expense (in thousands):
Three Months Ended
September 30, 2024		Nine Months Ended
September 30, 2024
Interest expense based on the coupon interest rate of the outstanding debt$739 $2,204 
Accretion of debt discount284 817 
Total interest expense related to debt$1,023 $3,021 
Summary of Aggregate Principal Payments
As of September 30, 2024, the aggregate principal payments due for the Term Loan by year are as follows (in thousands):

Year ended December 31, 2026$10,104 
Year ended December 31, 202721,531 
Total principal payments due for Term Loan$31,635