Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.22.1
Debt (Tables)
3 Months Ended
Mar. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Debt
The following table presents total debt outstanding (in thousands, except interest rates):
March 31, 2022 December 31, 2021
Amount Interest Rate Amount Interest Rate
$10.0 million March 2019
$ 10,000  8.00  % $ 10,000  8.00  %
$10.0 million September 2019
10,000  8.00  % 10,000  8.00  %
$10.0 million December 2020
10,000  8.00  % 10,000  8.00  %
$10.0 million March 2020
10,000  8.00  % 10,000  8.00  %
Less: debt discount (485) (517)
Total debt, net of debt discount 39,515  39,483 
Less: current portion —  — 
Total long-term debt $ 39,515  $ 39,483 
Schedule of Future Principal Payments
Future principal payments on outstanding borrowings as of March 31, 2022 are as follows:
Years ending:
2022 (9 months remaining) $ — 
2023 — 
2024 — 
2025 — 
2025 30,000 
2026 10,000 
Total $ 40,000