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Debt (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Debt

Debt at December 31, 2016, consisted of the following (in thousands):

 

 

 

December 31, 2016

 

 

 

Principal

 

 

Unamortized

Discount

 

 

Net Carrying

Value

 

Loan and Security Agreement

 

$

19,499

 

 

$

(124

)

 

$

19,375

 

Less: debt - current

 

 

(7,013

)

 

 

79

 

 

 

(6,934

)

Debt - non-current

 

$

12,486

 

 

$

(45

)

 

$

12,441

 

 

Debt at December 31, 2015, consisted of the following (in thousands):

 

 

 

December 31, 2015

 

 

 

Principal

 

 

Unamortized

Discount

 

 

Total

 

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 December 31, 2016, are expected to be as follows:

 

Year ended December 31,

 

Principal

 

 

Interest

 

 

Total

 

2017

 

 

7,013

 

 

 

1,160

 

 

 

8,173

 

2018

 

 

8,178

 

 

 

613

 

 

 

8,791

 

2019

 

 

4,308

 

 

 

1,488

 

 

 

5,796

 

Total

 

$

19,499

 

 

$

3,261

 

 

$

22,760