DEBT (Tables)

6 Months Ended

Jun. 30, 2020

DEBT

Schedule of carrying value of debt

The components of the carrying value of the debt as of June 30, 2020, and December 31, 2019 are detailed below (in thousands):

	June 30,		December 31,
	2020		2019
Principal loan balance	$	75,000	$	75,000
Unamortized debt discount and issuance cost		(3,559)		(3,999)
Cumulative accretion of exit fee		256		183
Long-term debt, net	$	71,697	$	71,184

Schedule of maturities of long-term debt

The annual principal payments due under the Athyrium Credit Facility as of June 30, 2020 were as follows (in thousands):

Years Ending December 31,
2020 (remaining six months)	$	—
2021		—
2022		16,665
2023		33,330
2024		25,005
Total	$	75,000