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Senior Secured Term Loan Facilities (Table)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Summary of Senior Secured Term Loan Facilities

The Company’s senior secured term loan facilities as of December 31, 2024 and 2023 were as follows (in thousands):

 

 

 

December 31,

 

 

 

2024

 

 

2023

 

Principal of senior secured term loan facilities

 

$

75,000

 

 

$

75,000

 

Less: Unamortized issuance costs and transaction costs

 

 

(1,908

)

 

 

(3,066

)

Senior secured term loan facilities, ending balance

 

 

73,092

 

 

 

71,934

 

Less: Current Portion classified to accrued and other current liabilities

 

 

 

 

 

 

Senior secured term loan facilities, non-current

 

$

73,092

 

 

$

71,934