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Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Summary of Obligations Under the Term Loan Facility

The obligations under the Term Loan Facility as of June 30, 2026 and December 31, 2025 consisted of the following (in thousands):

 

June 30,

 

 

December 31,

 

 

2026

 

 

2025

 

Principal term loan balance

 

$

60,000

 

 

$

30,000

 

Unamortized debt discount and issuance costs

 

 

(1,400

)

 

 

(1,351

)

Accrued end of term fee

 

 

740

 

 

 

510

 

Long-term debt, net

 

$

59,340

 

 

$

29,159

 

 

Scheduled Annual Principal Payments for Term Loan

The annual principal payments due under the Term Loan Facility as of June 30, 2026 were as follows (in thousands):

Remainder of 2026

 

$

 

2027

 

 

 

2028

 

 

4,422

 

2029

 

 

55,578

 

Total

 

$

60,000