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Long Term Debt (Tables)
6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Summary of Long-term Debt Instruments

The Company’s debt consisted of the following (in thousands):

 

 

 

June 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Revolving line of credit

 

 

 

 

 

 

MidCap revolving credit facility

 

$

4,000

 

 

$

 

Term loans

 

 

 

 

 

 

CRG term loan facility

 

 

 

 

 

30,000

 

MidCap term loan facility

 

 

50,000

 

 

 

 

Total term and revolving loans

 

 

54,000

 

 

 

30,000

 

Less: debt discount and issuance costs

 

 

(1,438

)

 

 

(635

)

Total long-term debt

 

$

52,562

 

 

$

29,365

 

 

Summary of Maturities of Long-term Debt

As of June 30, 2022, future payments of long-term debt were as follows (in thousands):

 

Fiscal Year

 

 

 

2022 (remaining six months)

 

$

 

2023

 

 

 

2024

 

 

 

2025

 

 

 

2026

 

 

33,333

 

2027

 

 

20,667

 

Total principal payments

 

 

54,000

 

Less: Unamortized debt discount and debt issuance costs

 

 

(1,438

)

Total long-term debt

 

$

52,562