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Credit Facility and Term Loans (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2019
Dec. 31, 2018
Debt Disclosure [Abstract]    
Schedule of Credit Facility and Term Loans

Credit facility and term loans consisted of the following as of December 31, 2018 and September 30, 2019:

 

     December 31,
2018
     September 30,
2019
 
     (in thousands)  

MidCap credit facility

   $ 16,455      $ 15,114  

Less: deferred debt issuance costs

     (1,960      (1,442

Less discount associated with issuance of warrants

     (44      (32
  

 

 

    

 

 

 

Total MidCap credit facility

   $ 14,451      $ 13,640  
  

 

 

    

 

 

 

Horizon term loan

   $ 15,000      $ 15,000  

Less: deferred debt issuance costs

     (1,022      (906

Less discount associated with issuance of warrants

     (929      (755
  

 

 

    

 

 

 

Total Horizon term loan

     13,049        13,339  

Less-current portion

     —          —    
  

 

 

    

 

 

 

Term loan-non current portion

   $ 13,049      $ 13,339  
  

 

 

    

 

 

 

Credit facility and term loans consisted of the following as of December 31, 2017 and 2018:

 

     December 31, 2017      December 31, 2018  

Mid Cap Credit facility

   $ 4,575      $ 16,455  

Less: deferred debt issuance costs

     (876      (1,960

Less discount associated with issuance of warrants

     (68      (44
  

 

 

    

 

 

 

Total Mid Cap credit facility

   $ 3,631      $ 14,451  
  

 

 

    

 

 

 

Mid Cap Term loan

   $ 6,841      $ —    

Less: deferred debt issuance costs

     (204      —    

Less discount associated with issuance of warrants

     (16      —    
  

 

 

    

 

 

 

Total Mid Cap term loan

     6,621        —    

Less-current portion

     (1,889      —    
  

 

 

    

 

 

 

Term loan-non current portion

   $ 4,732      $ —    
  

 

 

    

 

 

 

Horizon Term loan

   $ —        $ 15,000  

Less: deferred debt issuance costs

     —          (1,022

Less discount associated with issuance of warrants

     —          (929
  

 

 

    

 

 

 

Total Horizon term loan

     —          13,049  

Less-current portion

     —          —    
  

 

 

    

 

 

 

Term loan-non current portion

   $ —        $ 13,049  
  

 

 

    

 

 

 
Schedule of Term Loan Payments of Principal Under the Horizon Term Loan  

The term loan payments of principal under the Horizon Term Loan as of December 31, 2018 are as follows:

 

     Year-Ending
December 31
 

2019

   $ —    

2020

     2,500  

2021

     6,000  

2022

     6,000  

Thereafter

     500  
  

 

 

 

Total term loan payments

   $ 15,000  
  

 

 

 
Schedule of Interest Expense, Net

Interest expense, net consisted of the following for the three and nine months ended September 30, 2018 and 2019:

 

     Three Months Ended  
     September 30,
2018
     September 30,
2019
 
     (in thousands)  

Interest expense

   $ 439      $ 955  

Interest income

     —          (80
  

 

 

    

 

 

 

Total Interest expense, net

   $ 439      $ 875  
  

 

 

    

 

 

 

 

     Nine Months Ended  
     September 30,
2018
     September 30,
2019
 
     (in thousands)  

Interest expense

   $ 1,503      $ 3,456  

Interest income

     —          (88
  

 

 

    

 

 

 

Total Interest expense, net

   $ 1,503      $ 3,368  
  

 

 

    

 

 

 

Interest expense, net consisted of the following for the years-ended December 31, 2017 and 2018:

 

     December 31, 2017      December 31, 2018  

Interest expense

   $ 413      $ 2,354  

Interest income

     (1      (1
  

 

 

    

 

 

 

Total Interest expense, net

   $ 412      $ 2,353