v3.25.2
CREDIT FACILITY AGREEMENTS (Tables)
 6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Interest Expense The Company recognized interest expense in the accompanying Condensed Statements of Operations and Comprehensive Loss in connection with the Credit Facilities as follows:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Interest expense for long-term debt$2,094 $2,008 $4,168 $2,877 
Accretion of end of term charge— — — 80 
Amortization of debt issuance costs146 101 285 135 
Total interest expense$2,240 $2,109 $4,453 $3,092 
Schedule of Principal Balance of the 2024 Credit Facility The principal balance of the 2024 Credit Facility and related accretion and amortization are reported on a combined basis as long-term debt, net in the accompanying Condensed Balance Sheets as follows:
June 30, 2025December 31, 2024
Long-term debt, gross$75,000 $75,000 
Debt issuance costs(3,523)(3,523)
Accumulated amortization of debt issuance costs652 368 
Long-term debt, net $72,129 $71,845