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Debt (Tables)
9 Months Ended
Sep. 30, 2018
Debt Disclosure [Abstract]  
Debt

Debt at September 30, 2018, consisted of the following (in thousands):

 

 

 

September 30, 2018

 

 

 

Principal

 

 

Unamortized Discount

 

 

Total

 

Loan and Security Agreement

 

$

30,000

 

 

$

(148

)

 

$

29,852

 

Less: debt – current

 

 

(5,714

)

 

 

 

 

 

(5,714

)

Debt – non-current

 

$

24,286

 

 

$

(148

)

 

$

24,138

 

 

 

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 September 30, 2018, are expected to be as follows (in thousands):

 

Year ended December 31,

 

Principal

 

 

Interest

 

 

Total

 

2018

 

$

 

 

$

689

 

 

$

689

 

2019

 

 

7,857

 

 

 

2,470

 

 

 

10,327

 

2020

 

 

8,571

 

 

 

1,689

 

 

 

10,260

 

2021

 

 

8,572

 

 

 

891

 

 

 

9,463

 

2022

 

 

5,000

 

 

 

2,554

 

 

 

7,554

 

Total

 

$

30,000

 

 

$

8,293

 

 

$

38,293