Debt (Tables)

3 Months Ended

Mar. 31, 2025

The Company's total debt obligations under the Credit Agreement as of March 31, 2025 and December 31, 2024 are as follows:


(in thousands)	March 31, 2025		December 31, 2024
Secured term loan	$	45,000	$	45,000
Less: Unamortized debt discount and issuance costs	(3,638)		(3,832)
Less: Principal payments	(112)		—
Total (1)	$	41,250	$	41,168

(1) The current portion of the Term Loan as of March 31, 2025 and December 31, 2024 was $0.9 million and $0.5 million, respectively, and was classified within other current liabilities in the Condensed Consolidated Balance Sheets.

Schedule of Maturities of Long-Term Debt

The information set forth below summarizes the required future principal payments on the Term Loan, by year, as of March 31, 2025:


	(In thousands)
2025 (remaining)	$	338
2026	2,250
2027	2,250
2028	40,050
Total	$	44,888

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details