Annual report pursuant to Section 13 and 15(d)

DEBT FINANCING (Tables)

v3.24.1
DEBT FINANCING (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Long-term debt consists of the following:

Long-term debt consists of the following:

 

   

December 31,

2023

 
    (in thousands)  
Term Loan   $ 11,000  
Less: current portion     (2,350 )
     Total long-term debt     8,650  
Less: unamortized debt discount and deferred financing costs     (2,089 )
     Total long-term debt, net   $ 6,561  
Annual future principal payments due on the Term Loan as of December 31, 2023 are as follows (in thousands):

Annual future principal payments due on the Term Loan as of December 31, 2023 are as follows (in thousands):

 

Fiscal years ending      
2024   $ 2,350
2025     2,820
2026     5,830
    $ 11,000