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Debt (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Total Debt

Total debt consists of the following (in thousands):

 

 

 

December 31,

 

 

 

2023

 

 

2022

 

Long-term debt, current portion

 

$

 

 

$

 

Long-term debt, non-current portion

 

 

148,057

 

 

 

104,474

 

Unamortized debt discount

 

 

(10,215

)

 

 

(9,210

)

Total debt, net of debt discount

 

$

137,842

 

 

$

95,264

 

Schedule of Future Minimum Principal Payments Under Term Loans

Future minimum principal payments under the Term Loan, including the final payment fees, as of December 31, 2023 are as follows (in thousands):

 

Year ending December 31:

 

 

 

2024

 

$

 

2025

 

 

 

2026

 

 

7,500

 

2027

 

 

163,444

 

2028

 

 

 

Total principal and interest payments

 

 

170,944

 

Less: payment-in-kind and final payment fee

 

 

(30,944

)

Total term loan borrowings

 

$

140,000