Long Term Debt (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Schedule of Debt

The balances of the BT Term Loan as of December 31, 2019 was as follows (amounts in thousands):

	December 31, 2019
	Current portion		Long-term
Liability component - principal	$	3,750	$	69,375
Original issue discount	—		(1,890		)
Deferred financing cost	—		(5,579		)
Liability component - net carrying value	$	3,750	$	61,906

Schedule of Interest Expense

Interest expense related to the BT Term Loan, included in Interest income (expense), net in the consolidated statements of operations, was as follows (amounts in thousands):

	For the Year Ended
	December 31, 2019
Interest expense - stated interest rate	$	4,331
Interest expense - amortization of original issue discount	360
Interest expense - amortization of deferred financing costs	1,071
Total term loan interest expense	$	5,762

Future Principal Payments for the Term Loan

The future principal payments for the Company’s BT Term Loan as of December 31, 2019 were as follows (in thousands):

Year ending December 31,	Principal
2020	$	3,750
2021	3,750
2022	65,625
2023	—
2024	—
Thereafter	—
Total Long Term Debt	$	73,125