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Debt (Tables)
6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Summary of Principal Outstanding and Unamortized Discount

The following table presents the details of the principal outstanding and unamortized discount (in thousands):

 

 

 

June 30,

 

 

December 31,

 

 

 

2024

 

 

2023

 

SWK Loan

 

$

13,695

 

 

$

14,560

 

EIDL Loan

 

 

150

 

 

 

150

 

Discount and debt issuance costs on SWK Loan

 

 

(420

)

 

 

(663

)

Total

 

 

13,425

 

 

 

14,047

 

Current term loans

 

 

13,275

 

 

 

2,265

 

Non current term loans, net of discount

 

$

150

 

 

$

11,782

 

 

Summary of Future Minimum Principal and Interest Payments

The future minimum principal and interest payments as of June 30, 2024 are as follows (in thousands):

 

 

 

Principal

 

 

Interest (1)

 

Remainder of 2024

 

$

1,400

 

 

$

896

 

2025

 

 

12,295

 

 

 

842

 

2026

 

 

 

 

 

9

 

2027

 

 

3

 

 

 

6

 

2028 and thereafter

 

 

147

 

 

 

83

 

Total future payments

 

$

13,845

 

 

$

1,836

 

 

 

 

 

 

 

 

(1) Estimated using London Interbank Bank Offered Rate (“LIBOR”) as of June 30, 2024