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Debt (Tables)
9 Months Ended
Sep. 30, 2017
Debt Disclosure [Abstract]  
Debt

Debt at September 30, 2017, consisted of the following (in thousands):

 

 

 

September 30, 2017

 

 

 

Principal

 

 

Unamortized Discount

 

 

Total

 

Loan and Security Agreement

 

$

30,000

 

 

$

(220

)

 

$

29,780

 

Less: debt - current

 

 

 

 

 

 

 

 

 

Debt - non-current

 

$

30,000

 

 

$

(220

)

 

$

29,780

 

 

 

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

 

 

Expected Principal and Interest Payments on Debt

 

Principal and interest payments on debt at September 30, 2017, are expected to be as follows (in thousands):

 

Year ended December 31,

 

Principal

 

 

Interest

 

 

Total

 

2017

 

$

 

 

$

609

 

 

$

609

 

2018

 

 

 

 

 

2,445

 

 

 

2,445

 

2019

 

 

7,857

 

 

 

2,178

 

 

 

10,035

 

2020

 

 

8,571

 

 

 

1,489

 

 

 

10,060

 

2021

 

 

8,572

 

 

 

785

 

 

 

9,357

 

2022

 

 

5,000

 

 

 

2,535

 

 

 

7,535

 

Total

 

$

30,000

 

 

$

10,041

 

 

$

40,041