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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2015
Commitments and Contingencies.  
Schedule of rent expense

 

The following table presents rent expense included in the Consolidated Statement of Operations (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years Ended December 31, 

 

 

    

2015

    

2014

    

2013

 

Rent expense

 

$

2,268

 

$

2,268

 

$

1,377

 

 

Schedule of future commitments and obligations under operating lease

 

 

 

 

 

Future commitments and obligations under this operating lease to be satisfied as they become due over the term are as follows (in thousands):

 

 

 

 

 

The years ending December 31,

 

 

 

 

2016

 

 

2,350

 

2017

 

 

2,399

 

2018

 

 

2,459

 

2019

 

 

2,521

 

2020

 

 

2,584

 

Thereafter

 

 

12,452

 

Total

 

$

24,765

 

During 2015, the Company made payments in the amount of $1.7 million related to this operating lease.  In December 2015, the company signed a sublease to lease out a portion of office space. The sublessee is expected to move in during Q2 2016.  The term of the lease is for 3 years and the company will receive approximately $0.3 million in rental income annually.

Schedule of payments made in connection with the term loan with SVB

The following table presents payments made during the years ended December 31, 2013 in connection with the note payable to Symyx (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2013

 

 

    

Principal

    

Interest

    

Total

 

Symyx payments

 

$

26,516

 

$

437

 

$

26,953

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of Debt

The following table presents payments made during the years ended December 31, 2015 and 2014 for interest owed under the terms of the Loan Agreement (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2015

 

    

Principal

 

Interest

 

Total

SVB payments

 

$

23,000

    

$

652

    

$

23,652

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2014

 

    

Principal

 

Interest

 

Total

SVB payments

 

$

2,000

    

$

664

    

$

2,664