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Loan and Security Agreement (Tables)
3 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Interest and Amortization Expense for Final Payment Fee and Debt Discount

The interest expense, amortization expense for the final payment fee and debt discount related to the issuance costs and warrants for our debt is as follows:

 

 

 

Three Months Ended March 31,

 

 

 

2023

 

 

2022

 

Interest expense

 

$

3,635

 

 

$

1,124

 

Amortization of final payment fee

 

 

250

 

 

 

98

 

Amortization of debt discount related issuance costs and warrants

 

 

334

 

 

 

125

 

 

Schedule of Outstanding Debt and Unamortized Debt Discount Balances

The outstanding debt and unamortized debt discount balances are as follows:

 

 

March 31,
2023

 

 

December 31,
2022

 

Total Outstanding Debt

 

$

150,000

 

 

$

95,000

 

Add: accreted liability of final payment fee

 

 

1,662

 

 

 

1,363

 

Less: unamortized debt discount, long-term

 

 

(4,047

)

 

 

(2,104

)

Less: current portion of long-term debt

 

 

 

 

 

 

Loan payable, long-term

 

$

147,615

 

 

$

94,259

 

Schedule of Principal Payments

Scheduled Principal Payments on Outstanding Debt, as of March 31, 2023, are as follows:

 

2023

 

 

 

2024

 

 

 

2025

 

 

 

2026

 

 

 

2027

 

 

 

Thereafter

 

 

150,000

 

Total principal payments outstanding

 

$

150,000