Quarterly report pursuant to Section 13 or 15(d)

Long-term Debt (Tables)

v3.22.1
Long-term Debt (Tables)
3 Months Ended
Mar. 31, 2022
Long-term Debt  
Summary of components of long-term debt

The components of the Company’s long-term debt consisted of the following (in thousands):

March 31, 

December 31, 

2022

    

2021

Term loans payable

$

10,000

$

10,000

Less: Unamortized discount

 

(50)

 

(55)

 

9,950

 

9,945

Less: Current portion of long-term debt

 

3,000

 

2,000

Long-term debt, net of discount

$

6,950

$

7,945

Summary of future principal payments on long-term debt

As of March 31, 2022, future principal payments on long-term debt are as follows (in thousands):

Year Ending December 31,

    

2022 (remaining nine months)

$

2,000

2023

 

4,000

2024

 

4,000

$

10,000