v3.26.1
Debt (Tables)
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Long-term and Short-term Debt

Long-term and short-term debt as of March 31, 2026 and December 31, 2025, respectively, was as follows (in thousands):

 

 

As of March 31,

 

 

As of December 31,

 

 

 

2026

 

 

2025

 

Term Loans

 

$

40,000

 

 

$

40,000

 

Total principal payments due

 

 

40,000

 

 

 

40,000

 

Unamortized discount and debt issuance costs

 

 

533

 

 

 

300

 

Total amounts outstanding

 

 

40,533

 

 

 

40,300

 

Less: current portion

 

 

(3,797

)

 

 

 

Long-term debt, net

 

$

36,736

 

 

$

40,300

 

Repayment Schedule Relating to the Company's Debt

The repayment schedule relating to the Term Loans as of March 31, 2026, is as follows (in thousands):

 

 

Amount

 

2026 (remainder)

 

$

 

2027

 

 

23,675

 

2028

 

 

21,085

 

Total principal payments

 

$

44,760

 

Final fee due at maturity

 

 

(2,380

)

Total repayments

 

$

42,380