Long-term Debt - Additional Information (Detail) - USD ($) $ in Thousands |
3 Months Ended | |||
---|---|---|---|---|
Jun. 30, 2021 |
Mar. 31, 2021 |
Dec. 31, 2020 |
Jun. 29, 2018 |
|
Long-term debt | $ 35,000 | $ 35,000 | ||
Orbi Med [Member] | ||||
Long-term debt | $ 35,000 | |||
Description of variable rate basis | London Interbank Offered Rate (“LIBOR”), subject to a minimum of 1.0% and a maximum of 4.0% | |||
Basis spread on variable rate | 8.50% | |||
Interest rate effective percentage | 9.50% | |||
Prepayment premium percentage | 4.50% | |||
Final payment | 3.00% | |||
Description of covenants | The financial covenants include maintaining a minimum liquidity amount of $3.0 million; the requirement, on an annual basis, to deliver to OrbiMed annual audited financial statements with an unqualified audit opinion from the Company’s independent registered public accounting firm; and restrictions on the Company’s activities, including limitations on dispositions, mergers or acquisitions; encumbering its intellectual property; incurring indebtedness or liens; paying dividends; making certain investments; and engaging in certain other business transactions. | |||
Minimum liquidity covenant amount | $ 3,000 | |||
Average effective interest rate | 11.20% | |||
Orbi Med [Member] | Credit Agreement [Member] | ||||
Debt instrument, maturity month and year | 2023-06 | |||
Orbi Med [Member] | Scenario Forecast [Member] | ||||
Prepayment premium percentage | 0.00% | |||
Orbi Med [Member] | In Event Of Default [Member] | ||||
Increasing applicable margin | 4.00% | |||
Orbi Med [Member] | Minimum [Member] | ||||
Paid in kind interest threshold | 11.50% | |||
Orbi Med [Member] | Minimum [Member] | London Interbank Offered Rate (LIBOR) | ||||
LIBOR rate | 1.00% | |||
Orbi Med [Member] | Maximum [Member] | ||||
Interest rate effective percentage | 11.50% | |||
Paid in kind interest threshold | 12.50% | |||
Orbi Med [Member] | Maximum [Member] | London Interbank Offered Rate (LIBOR) | ||||
LIBOR rate | 4.00% |