v3.26.1
CREDIT FACILITY AGREEMENT (Tables)
 6 Months Ended
Jun. 30, 2026
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 2024 Credit Facility as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Interest expense for long-term debt$1,991 $2,094 $3,959 $4,168 
Amortization of debt issuance costs165 146 325 285 
Total interest expense$2,156 $2,240 $4,284 $4,453 
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, 2026December 31, 2025
Long-term debt, gross$75,000 $75,000 
Debt issuance costs(3,523)(3,523)
Accumulated amortization of debt issuance costs1,285 961 
Long-term debt, net $72,762 $72,438