XML 97 R25.htm IDEA: XBRL DOCUMENT v3.25.2
DEBT (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Outstanding Debt and Interest Expense
Outstanding debt consisted of the following (in thousands):
June 30, 2025December 31, 2024
Principal value of Term Loan, including Final Payment of $1,635
$31,635 $31,635 
Fair value of bifurcated embedded derivatives820 970 
Unamortized debt discount(2,573)(3,186)
Total debt, long-term$29,882 $29,419 
The following table provides the components of interest expense (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Interest expense based on the coupon interest rate of the outstanding debt$732 $733 $1,456$1,465
Accretion of debt discount314 271 613533
Total interest expense related to debt$1,046 $1,004 $2,069$1,998
Schedule of Aggregate Principal Payments
As of June 30, 2025, 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