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Long-Term Debt, Net (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Summary of Components of Carrying Value of Long-Term Debt

Long-term debt, net consisted of the following (in thousands):

 

 

As of December 31,

 

 

 

2024

 

 

2023

 

Long-term debt

 

$

12,135

 

 

$

12,135

 

Cumulative accretion of exit fee

 

 

1,544

 

 

 

1,261

 

Unamortized debt discount and debt issuance costs

 

 

(191

)

 

 

(145

)

Total debt

 

 

13,488

 

 

 

13,251

 

Less: current portion

 

 

(4,045

)

 

 

 

Long-term debt, net

 

$

9,443

 

 

$

13,251

 

Schedule of Maturities of Term Loan

At December 31, 2024, the scheduled maturities of the Companys debt obligations were as follows (in thousands):

 

 

Amount

 

 2025

 

$

4,045

 

 2026

 

 

6,068

 

 2027

 

 

2,022

 

Total

 

$

12,135