XML 55 R49.htm IDEA: XBRL DOCUMENT v3.24.0.1
Notes Payable - Additional Information (Details)
1 Months Ended 3 Months Ended
Dec. 22, 2023
USD ($)
$ / shares
shares
Jun. 15, 2022
USD ($)
Dec. 30, 2021
USD ($)
Apr. 30, 2023
USD ($)
Jan. 31, 2024
USD ($)
$ / shares
shares
Jan. 31, 2023
USD ($)
Jan. 31, 2024
$ / shares
Oct. 31, 2023
USD ($)
Apr. 04, 2023
USD ($)
Dec. 15, 2022
USD ($)
Jun. 30, 2022
USD ($)
shares
Debt Instrument [Line Items]                      
Loss on extinguishment of debt         $ (366,000)            
Note payable current               $ 562,000      
Warrants, exercise price per share | $ / shares         $ 11.5            
Old Hercules Warrants                      
Debt Instrument [Line Items]                      
Warrants exercisable period         10 years            
Warrants, exercise price per share | $ / shares             $ 2.632        
Loan and Security Agreement | Old Hercules Warrants                      
Debt Instrument [Line Items]                      
Exercise price equal to percentage of aggregate amount of term loans         2.50%            
Loan and Security Agreement | Old Hercules Warrants | Class C Preferred Shares                      
Debt Instrument [Line Items]                      
Warrant issued to purchase preferred shares | shares         84,714           48,978
Preferred share warrants fair value         $ 34           $ 23
Amended Loan Agreement                      
Debt Instrument [Line Items]                      
Warrant issued to purchase preferred shares | shares 138,696                    
Warrants, exercise price per share | $ / shares $ 7.21                    
Percentage of aggregate principal amount of term loan advance to purchase number of common shares 2.00%                    
Warrants exercisable period 7 years                    
Term Loan | Amended Loan Agreement                      
Debt Instrument [Line Items]                      
Percentage of prepayment premium of principal amount outstanding of the closing date 3.00%                    
Percentage of prepayment premium of principal amount outstanding prior to twenty-four months 2.00%                    
Percentage of prepayment premium of principal amount outstanding prior to maturity date 1.00%                    
Loss on extinguishment of debt         $ 400,000            
Effective interest rate of outstanding debt         12.38%            
Line of credit, maturity date Jan. 01, 2028                    
End of term fee percentage 5.50%                    
End of term charge $ 0.7                    
Debt instrument, interest rate 9.25%                    
Payment-in-kind interest rate 1.15%                    
Loan amortization date Jul. 01, 2025                    
Percentage of total commitment amount 2.00%                    
Total commitment amount $ 50,000,000                    
Term Loan | Wall Street Journal | Amended Loan Agreement                      
Debt Instrument [Line Items]                      
Term loan annual interest rate 0.75%                    
Term Loan | Maximum | Wall Street Journal | Amended Loan Agreement                      
Debt Instrument [Line Items]                      
Debt instrument, interest rate 9.75%                    
2021 Loan and Security Agreement | Hercules Capital                      
Debt Instrument [Line Items]                      
Term loan facility aggregate principal amount     $ 20,000,000                
Percentage of aggregate principle amount of term loan advances amount fee     6.35%                
Term loan maturity date     Jul. 01, 2025                
Term loan annual interest rate     8.25%                
Term loan reduced annual interest rate     8.15%                
Percentage of prepayment premium of principal amount outstanding of the closing date     3.00%                
Percentage of prepayment premium of principal amount outstanding prior to twenty-four months     2.00%                
Percentage of prepayment premium of principal amount outstanding prior to maturity date     1.00%                
Effective interest rate of outstanding debt               18.30%      
Note payable current               $ 600,000      
Interest expense         $ 600,000 $ 400,000          
Amortization of debt discount         100,000 $ 98,000          
Borrowed amount         22,500,000     11,000,000      
Debt discount and issuance costs         2,100,000     $ 1,100,000      
2021 Loan and Security Agreement | Hercules Capital | Prime Rate                      
Debt Instrument [Line Items]                      
Term loan annual interest rate     3.25%                
2021 Loan and Security Agreement | Tranche One | Hercules Capital                      
Debt Instrument [Line Items]                      
Term loan facility aggregate principal amount     $ 7,000,000                
2021 Loan and Security Agreement | Tranche Two | Hercules Capital                      
Debt Instrument [Line Items]                      
Term loan facility aggregate principal amount   $ 4,000,000                  
Term loan facility, drawn term   2022-06                  
2021 Loan and Security Agreement | Tranche Three | Hercules Capital                      
Debt Instrument [Line Items]                      
Term loan facility aggregate principal amount                   $ 9,000,000  
April 2023 Notes                      
Debt Instrument [Line Items]                      
Loss on extinguishment of debt       $ 0              
Borrowed amount                 $ 8,000,000    
Interest free period                 45 days    
Fair value of debt instrument                 $ 8,000,000    
Accrue interest rate percentage                 15.00%    
April 2023 Notes | Minimum                      
Debt Instrument [Line Items]                      
Aggregate sale of convertible promissory notes, warrants, preferred shares, common shares, or combined thereof                 $ 20,000,000    
Tranche 1 Advance | Term Loan | Amended Loan Agreement                      
Debt Instrument [Line Items]                      
Term loan facility aggregate principal amount $ 50,000,000                    
Warrant issued to purchase preferred shares | shares 62,413                    
Proceeds from line of credit $ 22,500,000                    
Tranche 1 Advance | Term Loan | Amended Loan Agreement | Hercules Warrants                      
Debt Instrument [Line Items]                      
Borrowed amount         22,500,000            
Advance on loan allocated to warrants         $ 300,000            
Tranche 3 Advance | Term Loan | Amended Loan Agreement                      
Debt Instrument [Line Items]                      
Term loan facility aggregate principal amount $ 20,000,000                    
Percentage of facility charge on amount borrowed 0.75%                    
Applied to Refinance of Amount Outstanding | Term Loan | Prior Loan Agreement                      
Debt Instrument [Line Items]                      
Proceeds from line of credit $ 8,600,000                    
Tranche 2 Advance Subject to Achievement of Specified Interim Milestone | Term Loan | Amended Loan Agreement                      
Debt Instrument [Line Items]                      
Term loan facility aggregate principal amount $ 7,500,000                    
Period Within Loan Disbursements to be Made 60 days                    
Line of credit, maturity date Mar. 31, 2025                    
If Interim Milestone and Certain Clinical Milestones Achieved and No Default | Term Loan | Amended Loan Agreement                      
Debt Instrument [Line Items]                      
Loan amortization date Jul. 01, 2026                    
If Interim Milestone Achieved and No Default | Term Loan | Amended Loan Agreement                      
Debt Instrument [Line Items]                      
Loan amortization date Jan. 01, 2026