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Notes Payable (Tables)
3 Months Ended
Mar. 31, 2020
Notes Payable  
Schedule of borrowings outstanding

 

 

 

 

 

 

 

 

   

March 31, 

   

December 31, 

 

    

2020

    

2019

Borrowings outstanding

 

$

25,000

 

$

25,000

Accrued exit fee

 

 

223

 

 

180

Unamortized discount

 

 

(162)

 

 

(173)

 

 

 

25,061

 

 

25,007

Less: current portion

 

 

(2,074)

 

 

 —

Long-term notes payable

 

$

22,987

 

$

25,007

 

Schedule of Annual Repayment Requirements for Credit Facility

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest and

 

 

 

Year Ending December 31,

    

Principal

    

Final Payment

    

Total

2020 (April 1 through December 31)

 

 

 —

 

 

1,864

 

 

1,864

2021

 

 

8,333

 

 

2,094

 

 

10,427

2022

 

 

8,333

 

 

1,270

 

 

9,603

2023

 

 

8,334

 

 

1,320

 

 

9,654

 

 

$

25,000

 

$

6,548

 

$

31,548