v3.24.1.1.u2
Debt (Tables)
3 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Total Debt

Total debt consists of the following (in thousands):

 

 

March 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Long-term debt, current portion

 

$

 

 

$

 

Long-term debt, non-current portion

 

 

158,863

 

 

 

148,057

 

Unamortized debt discount

 

 

(9,840

)

 

 

(10,215

)

Total debt, net of debt discount

 

$

149,023

 

 

$

137,842

 

Schedule of Future Minimum Principal Payments Under Term Loans

Future minimum principal payments under the Term Loan, including the final payment fee, as of March 31, 2024 are as follows (in thousands):

Year ending December 31:

 

 

 

2024

 

$

 

2025

 

 

 

2026

 

 

7,500

 

2027

 

 

174,276

 

2028

 

 

 

Total principal and interest payments

 

 

181,776

 

Less: payment-in-kind and final payment fee

 

 

(31,776

)

Total term loan borrowings

 

$

150,000