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Debt (Tables)
6 Months Ended
Jun. 30, 2016
Debt Disclosure [Abstract]  
Debt

Debt consisted of the following (in thousands):

 

 

 

June 30, 2016

 

 

 

Principal

 

 

Unamortized Discount

 

 

Total

 

Loan and Security Agreement

 

$

20,000

 

 

$

(147

)

 

$

19,853

 

Less: debt - current

 

 

(6,208

)

 

 

81

 

 

 

(6,127

)

Debt - non-current

 

$

13,792

 

 

$

(66

)

 

$

13,726

 

 

 

 

December 31, 2015

 

 

 

Principal

 

 

Unamortized Discount

 

 

Net Carrying

Value

 

Loan and Security Agreement

 

$

20,000

 

 

$

(196

)

 

$

19,804

 

Less: debt - current

 

 

(3,050

)

 

 

94

 

 

 

(2,956

)

Debt - non-current

 

$

16,950

 

 

$

(102

)

 

$

16,848

 

 

Expected Principal and Interest Payments on Debt

Principal and interest payments on debt at June 30, 2016, are expected to be as follows (in thousands):

 

Year ended December 31,

 

Principal

 

 

Interest

 

 

Total

 

2016

 

$

3,050

 

 

$

654

 

 

$

3,704

 

2017

 

 

6,428

 

 

 

980

 

 

 

7,408

 

2018

 

 

6,892

 

 

 

517

 

 

 

7,409

 

2019

 

 

3,630

 

 

 

1,474

 

 

 

5,104

 

Total

 

$

20,000

 

 

$

3,625

 

 

$

23,625