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DEBT (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Instruments The following table summarizes the impact of the Term Loan, on the Company’s consolidated balance sheet at December 31, 2022:
December 31, 2022
(in thousands)
Gross proceeds5,000 
Unamortized debt issuance costs(355)
Carrying value$4,645 
Schedule of Future Principal Payments of Debt
Future principal payments, which exclude the end of term charge, in connection with the Hercules Loan and Security Agreement as of December 31, 2022 are as follows (in thousands):

Fiscal Year
2023— 
2024551 
20252,331 
20262,118 
Total$5,000