v3.25.2
Debt (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Summary of Outstanding Debt

Outstanding debt consisted of the following:

 

 

June 30,

 

 

 

2025

 

 

 

(in thousands)

 

Gross proceeds

 

$

20,000

 

Unamortized debt issuance costs

 

 

(549

)

Total debt, long-term

 

$

19,451

 

Summary of Future Principal Payments

Future principal payments, which include the final payment fee of $1.4 million, in connection with the Loan Agreement as of June 30, 2025 are as follows (in thousands):

Year ended December 31, 2026

 

$

 

Year ended December 31, 2027

 

 

 

Year ended December 31, 2028

 

 

11,394

 

Year ended December 31, 2029

 

 

9,996

 

Total principal payments including final fee

 

$

21,390