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Notes Payable (Tables)
6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Summary of Notes Payable

Notes payable consist of the following (amounts in thousands):

 

 

 

June 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Notes payable, net of issuance costs

 

$

32,712

 

 

$

32,669

 

Less: current portion

 

 

(5,500

)

 

 

(786

)

Notes payable, net of current portion

 

 

27,212

 

 

 

31,883

 

Accretion related to final payment

 

 

327

 

 

 

203

 

Notes payable, long term

 

$

27,539

 

 

$

32,086

 

Summary of Estimated Future Principal Payments Due

As of June 30, 2022, the estimated future principal payments due are as follows (amounts in thousands):

 

Year Ending December 31,

 

Aggregate
Minimum
Payments

 

2022 (Remaining six months)

 

$

786

 

2023

 

 

9,429

 

2024

 

 

9,429

 

2025

 

 

9,429

 

2026

 

 

5,084

 

Total

 

 

34,157

 

Less: current portion

 

 

(5,500

)

Less: unamortized portion of final payment

 

 

(828

)

Less: unamortized debt issuance costs

 

 

(290

)

Notes payable, long term

 

$

27,539