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Borrowings (Tables)
6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Outstanding Borrowings
The following table summarizes the outstanding borrowings from the term loan as of periods presented:
June 30, 2023December 31, 2022
 (in thousands)
Principal outstanding and final fee$36,720 $35,700 
Less: Unamortized debt issuance costs(93)(73)
          Unaccreted value of final fee(647)(456)
Outstanding debt, net of debt issuance costs and unaccreted value of final fee$35,980 $35,171 
Classified as:
Long-term borrowings$35,980 $35,171 
Schedule of Future Principal and Final Fee Payments The table below summarizes the future principal and final fee payments under the Fist-Citizens Term Loan as of June 30, 2023:
Year ending December 31,(in thousands)
Remainder of 2023$— 
2024— 
20258,400 
202614,400 
202713,920 
Total principal and final fee payments$36,720