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Debt (Tables)
3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Long-term and Short-term Debt

Long-term and short-term debt as of March 31, 2025 and December 31, 2024, respectively, was as follows (in thousands):

 

 

As of March 31,

 

 

As of December 31,

 

 

 

2025

 

 

2024

 

Term Loan

 

$

40,000

 

 

$

40,000

 

Total principal payments due

 

 

40,000

 

 

 

40,000

 

Less: unamortized discount and debt issuance costs

 

 

(417

)

 

 

(644

)

Total amounts outstanding

 

 

39,583

 

 

 

39,356

 

Less: current portion

 

 

 

 

 

 

Long-term debt, net

 

$

39,583

 

 

$

39,356

 

 

Repayment Schedule Relating to the Company's Debt

The repayment schedule relating to the Term Loans as of March 31, 2025, is as follows (in thousands):

 

 

Amount

 

2025 (remainder)

 

$

 

2026

 

 

7,634

 

2027

 

 

19,765

 

2028

 

 

12,601

 

Total principal payments

 

$

40,000

 

Final fee due at maturity

 

 

2,380

 

Total repayments

 

$

42,380