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Debt (Tables)
3 Months Ended
Mar. 31, 2018
Debt Disclosure [Abstract]  
Debt

Debt at March 31, 2018, consisted of the following (in thousands):

 

 

 

March 31, 2018

 

 

 

Principal

 

 

Unamortized Discount

 

 

Total

 

Loan and Security Agreement

 

$

30,000

 

 

$

(184

)

 

$

29,816

 

Less: debt - current

 

 

(1,429

)

 

 

 

 

 

(1,429

)

Debt - non-current

 

$

28,571

 

 

$

(184

)

 

$

28,387

 

 

 

Debt at December 31, 2017, consisted of the following (in thousands):

 

 

 

December 31, 2017

 

 

 

Principal

 

 

Unamortized Discount

 

 

Net Carrying

Value

 

Loan and Security Agreement

 

$

30,000

 

 

$

(202

)

 

$

29,798

 

Less: debt - current

 

 

 

 

 

 

 

 

 

Debt - non-current

 

$

30,000

 

 

$

(202

)

 

$

29,798

 

 

Expected Principal and Interest Payments on Debt

 

Principal and interest payments on debt at March 31, 2018, are expected to be as follows (in thousands):

 

Year ended December 31,

 

Principal

 

 

Interest

 

 

Total

 

2018

 

$

 

 

$

2,062

 

 

$

2,062

 

2019

 

 

7,857

 

 

 

2,447

 

 

 

10,304

 

2020

 

 

8,571

 

 

 

1,673

 

 

 

10,244

 

2021

 

 

8,572

 

 

 

882

 

 

 

9,454

 

2022

 

 

5,000

 

 

 

2,552

 

 

 

7,552

 

Total

 

$

30,000

 

 

$

9,616

 

 

$

39,616