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Term Loan (Tables)

6 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

Schedule of Outstanding Term Loans Payable

The outstanding term loans payable consists of the following:

			June 30, 2024
			(in thousands)
Term loans			$	30,000
Unamortized debt discount			(4,837)
Total debt, long-term			$	25,163

Schedule of Interest Expense

The following table provides the components of interest expense related to the K2HV Loan Agreement:

			Three Months Ended June 30, 2024						Six Months Ended June 30, 2024
			(in thousands)
Interest expense based on coupon interest rate (10.3%) of outstanding term loans			$	515					$	515
Accretion of debt discount and Final Fee (8.94%)			285						285
Total interest expense on effective rate (19.24%)			$	800					$	800

Schedule of Total Principal Payments Maturities

The following table presents the total principal payments and Final Fee schedules to become due during each of the years ended December 31:

			Principal Payments and Final Fee
			(in thousands)
2024 (remaining as of June 30, 2024)			$	—
2025			—
2026			9,600
2027			14,400
2028			8,085
Total principal payments and Final Fee			$	32,085

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