Debt (Tables)

3 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

Schedule of Term Loan Facility

The following table sets forth the composition of the Company’s debt as of March 31, 2020 and December 31, 2019:

(in thousands)	March 31, 2020			December 31, 2019
Term loan facility	$	33,250		$	34,125
Less: Debt discount, net	(174		)	(192		)
Less: Debt issuance costs, net	(53		)	(58		)
Net carrying amount	33,023			33,875
Less: Current portion	3,500			3,500
Long-term debt, net	$	29,523		$	30,375

Minimum Future Principal Payments

The following table sets forth the Company’s minimum future principal payments under the credit facilities as of March 31, 2020:

(in thousands)	Minimum
Years Ending December 31,	Principal Payments
Remaining in 2020	$	2,625
2021	3,500
2022	27,125
Total minimum principal payments	$	33,250