Borrowings (Tables)

6 Months Ended

Jun. 30, 2019

Borrowings

Schedule of Future Debt Payment Obligations

As of June 30, 2019, assuming the principal payments start on December 1, 2020, the Company’s future debt payment obligations towards the principal and final fee, excluding interest payments and exit fee, for the respective fiscal years are as follows (in thousands):

2019	$	—
2020		2,083
2021		25,000
2022		24,892
Total principal and final fee payments		51,975
Less: Unamortized discount and debt issuance costs		(911)
Less: Unaccreted value of final fee		(1,467)
Loan payable, long term	$	49,597