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Debt (Tables)
9 Months Ended
Sep. 30, 2021
Debt Disclosure [Abstract]  
Debt

Debt at September 30, 2021, consisted of the following (in thousands):

 

 

 

September 30, 2021

 

 

 

Principal

 

 

Unamortized Discount

 

 

Total

 

Term Loan Credit Agreement

 

$

55,000

 

 

$

(325

)

 

$

54,675

 

Less: current portion of term loan

 

 

 

 

 

 

 

 

 

Non-current portion of term loan

 

$

55,000

 

 

$

(325

)

 

$

54,675

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Debt at December 31, 2020, consisted of the following (in thousands):

 

 

 

December 31, 2020

 

 

 

Principal

 

 

Unamortized Discount

 

 

Net Carrying

Value

 

Term Loan Agreement

 

$

40,000

 

 

$

(412

)

 

$

39,588

 

Less: current portion of term loan

 

 

 

 

 

 

 

 

 

Non-current portion of term loan

 

$

40,000

 

 

$

(412

)

 

$

39,588

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Expected Principal, Interest and Fee Payments on Term Loan Credit Agreement

 

Principal, interest and fee payments on Term Loan Credit Agreement at September 30, 2021, are expected to be as follows (in thousands):

 

Year ended September 30,

 

Principal

 

 

Interest and Fees

 

 

Total

 

2021 (remainder)

 

 

 

 

 

1,043

 

 

 

1,043

 

2022

 

 

 

 

 

4,182

 

 

 

4,182

 

2023

 

 

41,250

 

 

 

3,134

 

 

 

44,384

 

2024

 

 

13,750

 

 

 

1,826

 

 

 

15,576

 

Total

 

$

55,000

 

 

$

10,185

 

 

$

65,185