Secured Debt and Convertible Notes (Tables)

3 Months Ended

Mar. 31, 2014

Secured Debt Included in Consolidated Balance Sheets

The following table sets forth information pertaining to the Company’s secured debt issued to TriplePoint Capital LLC (“TriplePoint”) which is included in the Company’s consolidated balance sheets (in thousands).

	March 31,			December 31,
	2014			2013
Secured debt
TriplePoint - Matures December 2014	$	667		$	917
TriplePoint - Matures October 2015		6,657			6,657
TriplePoint - Matures January 2016		3,495			3,495
Total secured debt		10,819			11,069
Less:
Unamortized debt discounts		(796	)		(942	)
		10,023			10,127
Less current portion of debt		(1,288	)		(788	)
Long-term portion of debt	$	8,735		$	9,339

Information Pertaining to Convertible Notes

The following table sets forth information pertaining to the Convertible Notes which is included in the Company’s consolidated balance sheets (in thousands).

	Embedded Derivatives			Convertible Notes		Debt Discount			Total
Balance - December 31, 2013	$	3,470		$	26,900	$	(15,869	)	$	14,501
Amortization of debt discount		-			-		571			571
Gain from change in fair value of embedded derivatives		(1,264	)		-		-			(1,264	)
Balance - March 31, 2014	$	2,206		$	26,900	$	(15,298	)	$	13,808