XML 33 R23.htm IDEA: XBRL DOCUMENT v3.20.2
Credit Facility and Term Loans (Tables)
6 Months Ended
Jun. 30, 2020
Debt Disclosure [Abstract]  
Schedule of Credit Facility and Term Loans

Credit facility and term loans consisted of the following as of December 31, 2019 and June 30, 2020:

 

 

 

December 31,

2019

 

 

June 30,

2020

 

 

 

(in thousands)

 

MidCap credit facility

 

$

22,953

 

 

$

19,111

 

Less: deferred debt issuance costs

 

 

(1,268

)

 

 

(922

)

Less discount associated with issuance of warrants

 

 

(28

)

 

 

(21

)

Total MidCap credit facility

 

$

21,657

 

 

$

18,168

 

 

 

 

 

 

 

 

 

 

Horizon term loan

 

$

15,000

 

 

$

15,000

 

Less: deferred debt issuance costs

 

 

(836

)

 

 

(697

)

Less discount associated with issuance of warrants

 

 

(697

)

 

 

(581

)

Total Horizon term loan

 

 

13,467

 

 

 

13,722

 

Less-current portion

 

 

(3,000

)

 

 

(6,000

)

Term loan-non current portion

 

$

10,467

 

 

$

7,722

 

Schedule of Interest Expense, Net

Interest expense, net consisted of the following for the three and six months ended June 30, 2020 and 2019:

 

 

 

Three Months Ended

 

 

 

June 30, 2019

 

 

June 30, 2020

 

 

 

(in thousands)

 

Interest expense

 

$

1,288

 

 

$

1,084

 

Interest income

 

 

(7

)

 

 

(7

)

Total Interest expense, net

 

$

1,281

 

 

$

1,077

 

 

 

 

Six Months Ended

 

 

 

June 30, 2019

 

 

June 30, 2020

 

 

 

(in thousands)

 

Interest expense

 

$

2,501

 

 

$

2,217

 

Interest income

 

 

(7

)

 

 

(31

)

Total Interest expense, net

 

$

2,494

 

 

$

2,186