Borrowings (Tables)

12 Months Ended

Dec. 31, 2019

Borrowings

Schedule of Future Debt Payment Obligations

As of December 31, 2019, the Company’s future debt payment obligations towards the principal and final fee, excluding interest payments and the Exit Fee are as follows (in thousands):

2020	$	2,083
2021		25,000
2022		24,892
Total principal and final fee payments		51,975
Less: Unamortized discount and debt issuance costs		(741)
Less: Unaccreted value of final fee		(1,220)
Loan payable		50,014
Less: Loan payable, current portion		1,183
Loan payable, net of current portion	$	48,831