Notes Payable (Tables)

3 Months Ended

Mar. 31, 2022

Notes Payable

Summary of composition of Notes payable

The following table summarizes the composition of Notes payable as reflected on the consolidated balance sheet as of March 31, 2022 (in thousands):

Gross proceeds	$	75,000
Contractual exit fee		1,500
Unamortized debt discount and issuance costs		(6,573)
Total	$	69,927

Schedule of maturities of Notes payable over the next five years

Gross proceeds	$	75,000
Contractual exit fee		1,500
Unamortized debt discount and issuance costs		(6,573)
Total	$	69,927

The aggregate maturities of Notes payable as of March 31, 2022 are as follows (in thousands):

Remainder of 2022	$	—
2023		—
2024		11,250
2025		15,000
2026 and thereafter		48,750
Total	$	75,000