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Long-term Debt (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Long-term debt and unamortized debt discount balances

 

 

December 31,

 

 

 

2023

 

 

2022

 

Total debt

 

$

10,500

 

 

$

10,500

 

Less: issuance costs

 

 

(287

)

 

 

(435

)

Total debt, net of issuance costs

 

$

10,213

 

 

$

10,065

 

Less: current portion of long-term debt

 

 

1,312

 

 

 

-

 

Total long-term debt

 

$

8,901

 

 

$

10,065

 

Summary of Future Minimum Principal Payments on Long-term Debt

Future minimum payments of outstanding principal and interest under the 2021 SVB Loan are as follows (in thousands):

 

As of December 31, 2023

 

 

 

2024

 

$

2,206

 

2025

 

 

5,886

 

2026

 

 

4,510

 

Total future minimum payments

 

 

12,602

 

Less: interest, Final Payment fee

 

 

(2,102

)

Total debt

 

 

10,500

 

Less: issuance costs

 

 

(287

)

Total debt, net of issuance costs

 

$

10,213