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Debt (Tables)

6 Months Ended

Jun. 30, 2022

Debt Disclosure [Abstract]

Schedule of Outstanding Borrowings under SVB Term Loan

As of June 30, 2022 and December 31, 2021, the Company had outstanding borrowings of $11.7 million and $14.0 million, respectively, under the SVB Term Loan and the term loan payable balance as presented on the Company’s Condensed Consolidated Balance Sheets as of June 30, 2022 and December 31, 2021 was comprised as shown below. 

		June 30, 2022				December 31, 2021
Principal outstanding under term loan		$	11,667			$	14,000
Term loan discount-interest			(49	)			(84	)
Term loan discount-unamortized deferred charges			(60	)			(76	)
Term loan discount-financing costs, net of accretion			(7	)			(12	)
Term loan-final payment fee			877				657
			12,428				14,485
Less current portion			7,000				5,833
Term loan payable, non-current		$	5,428			$	8,652

Schedule of Components of Interest Expense of Term Loan

Interest expense on the SVB Term Loan, which is comprised of interest payments, accretion and amortization of term loan discounts and the accrual of the final payment fee, is shown below for the three and six months ended June 30, 2022 and 2021, respectively. For the three and six months ended June 30, 2022, the weighted average interest rate applicable to borrowings under the SVB Term Loan was 4.92% and 4.59%, respectively. For the three and six months ended June 30, 2021, the weighted average interest rate applicable to borrowings under the SVB Term Loan was 4.25%.

		Three Months Ended June 30,								Six Months Ended June 30,
		2022				2021				2022				2021
Interest payments		$	152			$	150			$	300			$	299
Accrual of the final payment fee			104				119				220				237
Accretion and amortization of term loan discounts			39				27				77				54
		$	295			$	296			$	597			$	590

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