Long-term Debt (Tables)

9 Months Ended

Dec. 31, 2017

Debt Disclosure [Abstract]

Schedule of Outstanding Debt Obligations

Outstanding debt obligations are as follows (in thousands):

	December 31, 2017
Principal amount	$	25,000
End of term charge	1,638
Less: unamortized debt discount and issuance costs	(3,113		)
Loan payables less unamortized debt discount and issuance costs	23,525
Less: current maturities	—
Long-term loan payable, net of current maturities and unamortized debt discount and issuance costs	$	23,525

Outstanding debt obligations are as follows (in thousands):

	December 31, 2017
Principal amount	$	6,000
Less: unamortized debt issuance costs	(950		)
Loan payables less unamortized debt issuance costs	5,050
Less: current maturities	—
Long-term loan payable, net of current maturities and unamortized debt issuance costs	$	5,050

Key Assumptions used to Measure Value of Warrant

The Company estimated the fair value of the Warrant using the Black-Scholes model based on the following key assumptions:

Exercise price	$15.06
Common share price on date of issuance	$14.39
Volatility	73.2%
Risk-free interest rate	2.15%
Expected dividend yield	—%
Contractual term (in years)	7.00 years