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Convertible Promissory Notes and Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Term Loan

The Company’s Term Loan consists of the following (in thousands):

 

 

 

June 30,
2022

 

Long-term debt

 

$

5,000

 

Accumulated PIK interest

 

 

21

 

Total principal (including PIK interest)

 

 

5,021

 

Unamortized debt discount

 

 

(324

)

Long-term debt, net of debt discount

 

$

4,697

 

Schedule of Future Minimum Principal and Interest Payments

Future minimum principal and interest payments, including the final payment fee, as of June 30, 2022 are as follows (in thousands):

 

 

June 30,
2022

 

Years ending December 31:

 

 

 

2022 (remaining 6 months)

 

$

137

 

2023

 

 

303

 

2024

 

 

313

 

2025

 

 

1,680

 

2026

 

 

2,654

 

2027

 

 

3,974

 

Total principal payments, interest payments and final payment fee

 

 

9,061

 

Less: interest, PIK interest and final payment fee

 

 

(4,040

)

Long-term debt

 

$

5,021