v3.25.2
DEBT (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Instruments
The following table summarizes the components of the Amended Term Loan, on the Company’s condensed consolidated balance sheet at June 30, 2025:
June 30, 2025
(in thousands)
Gross term loan proceeds
$20,000 
Accrued end-of-term fee788 
Total debt$20,788 
Less: current portion of long-term debt
(8,435)
Long-term debt, net
$12,353 
Schedule of Future Principal Payments of Debt Future principal payments, which exclude the end of term fee, in connection with the Amended Term Loan as of June 30, 2025 are as follows (in thousands):
Fiscal Year
2025 (remainder)$— 
202620,000 
Total$20,000