v3.25.2
Borrowings (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Maturities of Company's Borrowings

The maturities of the Company’s borrowings as of June 30, 2025 are as follows (in thousands):

 

 

Amounts

 

2025

 

$

 

2026

 

 

36,319

 

Total principal payments

 

 

36,319

 

Debt issuance costs

 

 

(153

)

Total debt

 

$

36,166

 

 

Schedule of Amortization of Debt Issuance Costs and Debt Discounts

Amortization of debt issuance costs and debt discounts related to borrowings were as follows (in thousands):

 

 

Three Months
Ended June 30,

 

 

Six Months
Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Amortization of debt issuance cost

 

$

57

 

 

$

363

 

 

$

115

 

 

$

726

 

Amortization of debt discount (1)

 

 

 

 

 

 

 

 

 

 

 

85

 

_________________________

(1)
Amounts represent the amortization of a debt discount related to the MidCap credit facility as further explained below.