Debt and Related Warrants (Tables)

12 Months Ended

Dec. 31, 2017

Debt and Related Warrants

Summary of Debt

The carrying value of the Company’s 2017 Credit Facility at December 31, 2017, was as follows (in thousands):

	Current		Long-Term
	Portion		debt		Total
Debt, including end of term fee	$	4,000	$	8,720	$	12,720
Less:
Discount attributable to end of term fee and debt issuance costs		(23)		(563)		(586)
Net carrying value of debt	$	3,977	$	8,157	$	12,134

The carrying value of the Company’s Prior Facilities 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 cost		(177)		(83)		(260)
Net carrying value of debt	$	3,877	$	4,218	$	8,095

Summary of Principal Repayments of 2015 Credit Facility

The table below shows the principal repayments due under the 2017 Credit Facility as of December 31, 2017 (in thousands):

	Principal Repayment
	as of December 31,
2018	$	4,000
2019		6,000
2020		2,720
Total principal repayments	$	12,720