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Convertible Debt (Tables)
3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Summarizes of impact Term Loan

The following table summarizes the impact of the term loan on the Company’s condensed consolidated balance sheet at March 31, 2025:

 

 

 

March 31,
2025

 

Gross proceeds

 

$

45,000

 

Unamortized debt issuance costs and accretion of final payments, net

 

 

1,285

 

Total debt

 

$

46,285

 

Less: current portion

 

 

25,700

 

Long-term debt

 

$

20,585

 

Future principal payment of Loan Agreement

Future principal payments, which include the Final Fee, in connection with the Loan Agreement as of March 31, 2025 are as follows:

 

Fiscal Year

 

 

 

2025

 

$

14,508

 

2026

 

 

33,305

 

Total

 

$

47,813