Notes Payable (Tables)

6 Months Ended

Jun. 30, 2014

Notes Payable

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

Future payments as of June 30, 2014 under the Agreement, assuming no adjustments to the variable rate of interest of 9% as of June 30, 2014, are as follows:

(in thousands)
Remainder of 2014	$	3,154
2015	5,946
2016	5,910
Total minimum payments	15,010
Less amount representing interest	(1,632		)
Notes payable, gross	13,378
Discount on notes payable	(82		)
Accretion of the final exit fee payment	127
Carrying value of notes payable	$	13,423