Quarterly report pursuant to Section 13 or 15(d)

Notes Payable (Tables)

Notes Payable (Tables)

6 Months Ended

Jun. 30, 2021

Balance sheet information related to the note payable (which only includes the Initial Note as of June 30, 2021) is as follows (in thousands):


	As of
	June 30, 2021		December 31, 2020		Maturity
Notes payable, gross1	$	20,600	$	—	January 2025
Less: Unamortized debt discount and issuance costs	3,457		—
Carrying value of notes payable	$	17,143	$	—

1 Balance includes $0.6 million final payment fee

Schedule of Estimated Future Principal Payments

As of June 30, 2021, the estimated future principal payments due on the Initial Note (prior to meeting the Interest Only Extension Milestone, which occurred in the third quarter of 2021) were as follows (in thousands):


	As of June 30, 2021
2021	$	—
2022	—
2023	10,000
2024	10,600
Total principal payments1	$	20,600

1 Balance includes $0.6 million final payment fee