Annual report [Section 13 and 15(d), not S-K Item 405]

DEBT (Tables)

v3.25.0.1
DEBT (Tables)
12 Months Ended
Dec. 31, 2024
DEBT  
Summary of loans payable, net

As of December 31,

2024

    

2023

Principal outstanding

$

60,000

$

60,000

Unamortized debt issuance costs

(320)

(398)

Principal outstanding, net of unamortized debt issuance costs

$

59,680

$

59,602

Reported as:

Loans payable, net, current portion

$

7,272

$

7,229

Long-term portion of loans payable, net

52,408

52,373

$

59,680

$

59,602

Schedule of future minimum payments

The following table presents the future minimum principal payments of the outstanding loan as of December 31, 2024 (in thousands):

For the year ending December 31,

2025

$

7,500

2026

30,000

2027

22,500

Principal amount (Tranches 1, 2, 3 and 4)

$

60,000