Term Loan and Credit Facility (Tables)

3 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

Schedule of carrying values of debt instruments

The outstanding balance of the Term Loan as of March 31, 2020 was (in thousands):

	Term loan
Principal	$	10,000
Less: debt issuance costs, net	(61		)
Net carrying amount	$	9,939

Schedule of interest expense recognized related to debt

The following table sets forth total interest expense recognized related to the Convertible Notes during the three months ended March 31, 2020 and 2019 (in thousands):

	Three Months Ended March 31,
	2020		2019
Contractual interest expense	$	2,287	$	2,287
Amortization of debt discount	4,134		3,614
Amortization of debt issuance costs	155		136
Total interest expense	$	6,576	$	6,037

The following table sets forth total interest expense recognized related to the Term Facility during the three months ended March 31, 2020 (in thousands):

	Three Months Ended March 31,
	2020
Contractual interest expense	$	179
Amortization of debt discount	—
Total interest expense	$	179

Schedule of future minimum payments on long-term debt

Future minimum payments on the Company’s long-term debt as of March 31, 2020 are as follows (in thousands):

Years ended December 31,	Future Minimum Payments
2020	$	4,575
2021	9,150
2022	9,150
2023	9,150
2024	314,150
Total minimum payments	$	346,175
Less: interest	(41,175		)
Less: unamortized discount	(105,120		)
Less: current portion	—
Long Term Debt	$	199,880

Future minimum payments on the Term Facility as of March 31, 2020 are as follows (in thousands):

Years ended December 31,	Future Minimum Payments
2020	$	594
2021	786
2022	786
2023	7,044
2024	3,611
Total minimum payments	$	12,821
Less: interest	(2,821		)
Less: unamortized issuance	(61		)
Less: current portion	—
Long Term Debt	$	9,939