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Borrowings (Tables)
6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Outstanding Borrowings
The following table summarizes the outstanding borrowings from the term loan as of periods presented:
June 30, 2024December 31, 2023
 (in thousands)
Principal outstanding and final fee$36,720 $36,720 
Less: Unamortized debt issuance costs(71)(81)
          Unaccreted value of final fee(500)(574)
Outstanding debt, net of debt issuance costs and unaccreted value of final fee$36,149 $36,065 
Classified as:
Long-term borrowings$36,149 $36,065 
Schedule of Future Principal and Final Fee Payments The table below summarizes the future principal and final fee payments under the Fist-Citizens Term Loan as of June 30, 2024:
Year ending December 31,(in thousands)
Remainder of 2024$— 
20258,400 
202614,400 
202713,920 
2028— 
Total principal and final fee payments$36,720