Notes Payable (Tables)

3 Months Ended

Mar. 31, 2014

Notes Payable

Schedule of future payments under the agreement, assuming no adjustments to the variable rate of interest

Future payments as of March 31, 2014 under the Agreement, assuming no adjustments to the variable rate of interest of 9% as of March 31, 2014, are as follows:

(in thousands)
Remainder of 2014	$	2,990
2015	3,724
2016	3,701
Total minimum payments	10,415
Less amount representing interest	(1,226		)
Notes payable, gross	9,189
Discount on notes payable	(98		)
Accretion of the final exit fee payment	102
Carrying value of notes payable	$	9,193