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Debt (Tables)
6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Net Carrying Amount of Debt The Short-Term Loan amount recorded in the Condensed Consolidated Balance Sheets as of June 30, 2024 consists of the following:
June 30,
2024
Principal$16,500 
Less: unamortized debt discount1
(2,836)
Net carrying amount$13,664 
1Represents the portion of the net proceeds received for the Short-Term Loan and Loan Warrants that was allocated to the Loan Warrants, see Note 7 – Stockholders' Equity (Deficit)
The 2025 Convertible Notes consist of the following (in thousands):
June 30,
2024
December 31,
2023
Principal$158,898 $161,898 
Add: fair value of embedded derivative — $— 
Less: unamortized debt discount (679)$(1,106)
Less: unamortized issuance costs(540)$(880)
Net carrying amount$157,679 $159,912 
Schedule of Interest Expense
The following table sets forth total interest expense recognized related to the 2025 Convertible Notes (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2024202320242023
Contractual interest expense$1,305 $1,315 $2,620 $2,631 
Amortization of debt discount$205 $207 412 414 
Amortization of debt issuance costs$163 $165 328 329 
Total interest expense$1,673 $1,687 $3,360 $3,374 
The following table sets forth total interest expense recognized related to the Credit Facility (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2024202320242023
Contractual interest expense$90 $105 $312 $223 
Amortization of debt issuance costs— 116 117 233 
Total interest expense$90 $221 $429 $456