Notes Payable (Tables)

9 Months Ended

Sep. 30, 2024

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 September 30, 2024 (in thousands):

Gross proceeds	$	75,000
Contractual exit fees		2,003
Principal payments including associated exit fees		(19,251)
Unamortized debt discount and issuance costs		(2,564)
Total note payable	$	55,188
Current portion of note payable		13,475
Non-current portion of note payable		41,713
Total note payable	$	55,188

Schedule of maturities of notes payable over the next five years

The aggregate maturities of Notes payable as of September 30, 2024 are as follows (in thousands):

Remainder of 2024	$	1,875
2025		15,000
2026		39,375
Total	$	56,250