Quarterly report pursuant to Section 13 or 15(d)

DEBT FINANCING (Tables)

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DEBT FINANCING (Tables)
3 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
Long-term debt consists of the following:

Long-term debt consists of the following:

 

  March 31, 2024   December 31, 2023
Term Loan $ 10,765   $ 11,000
Less: current portion   (2,820)     (2,350)
Total long-term debt   7,945     8,650
Less: unamortized debt discount and deferred financing costs   (1,787)     (2,089)
Total long-term debt, net $ 6,158   $ 6,561
Annual future principal payments due on the Term Loan as of March 31, 2024 are as follows (in thousands):

Annual future principal payments due on the Term Loan as of March 31, 2024 are as follows (in thousands):

 

Fiscal years ending      
Remainder of 2024   $ 2,115
2025     2,820
2026     5,830
    $ 10,765