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Borrowings (Tables)
3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Outstanding Borrowings
The following table summarizes the outstanding borrowings from the term loan as of periods presented:
March 31, 2025December 31, 2024
 (in thousands)
Principal outstanding
$36,000 $36,000 
Less: Unamortized debt issuance costs and lender fees
(519)(548)
Outstanding debt, net of debt issuance costs and unaccreted value of final payment fee
$35,481 $35,452 
Classified as:
Long-term borrowings$35,481 $35,452 
Schedule of Future Principal and Final Fee Payments The table below summarizes the future principal payments under the Third Amendment Term Loan as of March 31, 2025:
Year ending December 31,(in thousands)
Remainder of 2025$— 
2026— 
20276,000 
202818,000 
202912,000 
Total principal payments
$36,000