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Debt and Other Financing Arrangements (Tables)
9 Months Ended
Sep. 30, 2024
Debt Disclosure [Abstract]  
Summary of the Company's Long-term Indebtedness
The Company’s indebtedness consisted of the following (in thousands):
September 30, 2024December 31, 2023
Term note payable to SVB$— $5,000 
Term loan facility payable to WTI, net4,585 — 
Line of credit9,875 9,250 
Financed insurance premium466944
Total debt14,926 15,194 
Less: current portion(10,341)(15,194)
Total long-term debt, net$4,585 $— 
Schedule of WTI Loan Facility
As of September 30, 2024, details of the WTI Loan Facility were as follows (in thousands):

Amount
Principal outstanding
7,500 
Unamortized debt issuance costs
(2,915)
Net carrying value
$4,585 
Summary of Future Aggregate Maturities of Notes Payable
As of September 30, 2024, future aggregate maturities of the WTI Loan Facility and Financed Insurance Premium payables were as follows (in thousands):

Years Ending December 31,Amount
2024197 
20251,102 
Thereafter6,667 
Total$7,966