v3.26.1
Loan and Security Agreements (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Summary of Tranche 1A Loan

The Tranche 1A Loan consists of the following:

 

 

As of June 30,

 

 

2026

 

 

(in thousands)

 

Term loan principal amount

 

$

40,000

 

End of term charge

 

 

2,580

 

Unamortized discount and issuance costs

 

 

(3,620

)

Total term loan

 

 

38,960

 

Less: current portion of term loan

 

 

 

Total term loan, net of current portion

 

$

38,960

 

 

Summary of Future Principal Loan Payments on Currently Outstanding Tranche 1A Loan

Future principal loan payments on the currently outstanding Tranche 1A Loan as June 30, 2026 are as follows:

 

Year Ending December 31,

 

Amount

 

 

(in thousands)

 

2026

 

$

 

2027

 

 

 

2028

 

 

 

2029

 

 

 

2030

 

 

33,602

 

2031

 

 

6,398

 

Total future principal payments

 

 

40,000

 

Add: end of term charge

 

 

2,580

 

Less: unamortized discount and issuance costs

 

 

(3,620

)

Less: current portion of term loan

 

 

 

Total term loan, net of current portion

 

$

38,960