Long-term debt

3 Months Ended

Mar. 31, 2020

Long-term debt

Long-term debt

5. Long-term debt

In September 2018, the Company completed a private placement financing of $20.0 million floating rate senior secured notes (Floating Rate Notes). These Floating Rate Notes were redeemed in May 2019 pursuant to their terms and the Company did not have any debt subsequent to May 2019.  The Company incurred and paid $0.4 million in interest expense related to the Floating Rate Notes for the three months ended March 31, 2019.