Financial Liabilities (Tables)

3 Months Ended

Mar. 31, 2018

Debt Disclosure [Abstract]

Summary of Financial Liabilities

Financial liabilities consist of (in thousands):

	March 31,			December 31,
	2018			2017
Notes payable	$	2,000		$	—
Term loan		4,859			5,000
Revolving loan facility		11,145			8,736
Total before discount and debt issuance costs		18,004			13,736
Less: Current portion of notes payable		(2,000	)		—
Less: Current portion of financial liabilities		(12,401	)		(9,829	)
Less: Current portion of unamortized discount and debt issuance costs		(557	)		(404	)
Less: Long-term portion of unamortized discount and debt issuance costs		(424	)		(582	)
Long-term financial liabilities	$	2,622		$	2,921

Summary of Timing of Repayment Obligations for Company’s Long-term Financial Liabilities for Next Three Years

The following table summarizes the timing of repayment obligations for the Company’s long-term financial liabilities for the next three years under the current terms of the Loan and Security Agreement with VLL7 and VLL8, as amended, at March 31, 2018 (in thousands):

	2018		2019		2020		Total
Term loan facility	$	1,339	$	1,990	$	1,530	$	4,859