Annual report pursuant to Section 13 and 15(d)

Oxford Finance Loan Agreement (Tables)

v3.24.1
Oxford Finance Loan Agreement (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Minimum Aggregate Future Loan Payments

The Company has the following minimum aggregate future loan payments as of December 31, 2023 (in thousands):

Year ending December 31, 2024

 

$

6,667

 

Year ending December 31, 2025

 

 

20,000

 

Year ending December 31, 2026

 

 

13,333

 

Total minimum payments

 

 

40,000

 

Less unamortized debt discount

 

 

(335

)

Plus accumulated accretion of final fees

 

 

1,558

 

Less current portion

 

 

(6,667

)

Long-term debt, net of current portion

 

$

34,556