Debt and Related Warrants (Tables)

12 Months Ended

Dec. 31, 2016

Debt and Related Warrants

Summary of 2015 Credit Facility

The carrying value of the Company’s 2015 Credit Facility at December 31, 2016, was as follows (in thousands):

	Current		Long-Term
	Portion		debt		Total
Debt, including end of term fee	$	4,054	$	4,301	$	8,355
Less:
Discount attributable to warrants, end of term fee and debt issuance costs		(177)		(83)		(260)
Net carrying value of debt	$	3,877	$	4,218	$	8,095

The carrying value of the Company’s 2015 Credit Facility at December 31, 2015, was as follows (in thousands):

	Current		Long-Term
	Portion		debt		Total
Debt, including end of term fee	$	970	$	7,210	$	8,180
Less:
Discount attributable to warrants, end of term fee and debt issuance cost		—		(471)		(471)
Net carrying value of debt	$	970	$	6,739	$	7,709

Summary of Principal Repayments of 2015 Credit Facility

The table below shows the principal repayments due under the 2015 Credit Facility as of December 31, 2016 (in thousands):

	Principal Repayment
	as of December 31,
2017	$	4,054
2018		2,909
2019		1,392
Total principal repayments	$	8,355