v3.25.2
Debt (Tables)
 6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Debt
The carrying values of the borrowings pursuant to the Original Offering as of June 30, 2025 and December 31, 2024 are summarized below (in thousands):
June 30, 2025December 31, 2024
Principal outstanding$1,500 $2,500 
Plus: accrued interest209 500 
Less: unamortized debt issuance costs(76)(84)
Carrying value, net1,633 2,916 
Less: current portion of long term debt— (1,326)
Long term debt, net of current portion$1,633 $1,590 
The carrying values of the borrowings pursuant to the Loan and Security Agreement as of June 30, 2025 and December 31, 2024 are summarized below (in thousands):
June 30, 2025December 31, 2024
Principal outstanding$30,000 $30,000 
Less: unamortized debt issuance costs(3,608)(4,245)
Carrying value, net$26,392 $25,755 
Schedule of Maturities of Long-Term Debt
The following table summarizes the scheduled debt maturities for the next five years and thereafter (in thousands):
For the years ending December 31, 2025
Total Maturities
2025$— 
2026$1,250 
2027$16,000 
2028$13,750 
2029 and thereafter$500 
Total Debt$31,500