Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.22.2
Debt (Tables)
6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Summary of Principal Outstanding and Unamortized Discount

The following table presents the details of the principal outstanding and unamortized discount (in thousands):

 

 

 

June 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

SWK Loan

 

$

13,300

 

 

$

14,300

 

EIDL Loan

 

 

150

 

 

 

150

 

Discount and debt issuance costs on SWK Loan

 

 

(720

)

 

 

(847

)

Total

 

 

12,730

 

 

 

13,603

 

Current term loans, net of discount

 

 

 

 

 

 

Non current term loans, net of discount

 

$

12,730

 

 

$

13,603

 

 

Summary of Future Minimum Principal and Interest Payments

The future minimum principal and interest payments as of June 30, 2022 are as follows (in thousands):

 

 

 

Principal

 

 

Interest (1)

 

Remainder of 2022

 

$

 

 

$

725

 

2023

 

 

700

 

 

 

1,425

 

2024

 

 

2,800

 

 

 

1,242

 

2025

 

 

9,800

 

 

 

1,895

 

2026

 

 

 

 

 

9

 

2027 and thereafter

 

 

150

 

 

 

89

 

Total future payments

 

$

13,450

 

 

$

5,385

 

 

 

 

 

 

 

 

(1) Estimated using London Interbank Bank Offered Rate (“LIBOR”) as of June 30, 2022