Ocugen(OCGN) - 2023 Q4 - Annual Report

The following table provides a summary of the major components of accrued expenses and other current liabilities as reflected on the consolidated balance sheets (in thousands): 9. Debt Under the terms and conditions of the Original Offering, the Company borrowed $1.0 million during 2016,$0.5 million during 2020, $0.5 million in September 2022, and an additional$0.5 million in May 2023. Issuance costs were recognized as a reduction to the loan balance and are amortized to interest expense over the term of ...