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Long-Term Debt (Tables)
9 Months Ended
Sep. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt

Long-term debt consists of the following (in thousands):

 

 

 

September 30,

2022

 

 

December 31,

2021

 

Principal

 

$

15,000

 

 

$

15,000

 

Unamortized debt discount

 

 

(1,212

)

 

 

(1,697

)

Total debt, net of debt discount

 

 

13,788

 

 

 

13,303

 

Less current portion of long-term debt

 

 

(1,208

)

 

 

 

Long-term debt, net of debt discount

 

$

12,580

 

 

$

13,303

 

Schedule of Future Minimum Principal and Interest Payments under Term Loan

Future minimum principal and interest payments under the Term Loan, including the final payment fee, as of September 30, 2022 are as follows (in thousands):

 

 

 

September 30,

2022

 

Remaining in 2022

 

$

401

 

2023

 

 

5,866

 

2024

 

 

9,051

 

2025

 

 

3,910

 

Total principal and interest payments

 

 

19,228

 

Less interest and final payment fee

 

 

(4,228

)

Total debt

 

$

15,000