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Debt (Tables)
3 Months Ended
Mar. 31, 2017
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The following table summarizes the Company's outstanding borrowings:

(in thousands)
 
March 31, 2017
 
December 31, 2016
 
 
 
 
 
2016 Credit and Security Agreement
 
$
3,991

 
$
3,603

Term Loan
 
3,676

 
3,676

Discount on Term Loan
 
(755
)
 
(1,122
)
Unamortized debt issuance costs related to Term Loan
 
(226
)
 
(336
)
Total debt
 
6,686

 
5,821

Short-term portion
 
(6,686
)
 
(5,821
)
Total long-term debt, net
 
$
—

 
$
—

Summary of Components of Interest Expense
The following table summarizes the components of interest expense for the three month periods ended March 31, 2017 and 2016:

(in thousands)
 
Three Months Ended
 
 
March 31,
 
 
2017
 
2016
Interest expense on Term Loan (effective interest rate at March 31, 2017 and 2016 was 15%)
 
$
138

 
$
180

Interest expense on 2013 Loan and Security Agreement
 
—

 
32

Interest expense on 2016 Credit and Security Agreement
 
81

 
—

Accretion of termination fees (over term of Term Loan at rate of 8%)
 
41

 
46

Amortization of debt issuance costs
 
140

 
61

Amortization of debt discount associated with SWK Warrants #1 and #2 (defined below)
 
367

 
411

Mark to market of SWK Warrant #2 (defined below)
 
—

 
59

Total
 
$
767

 
$
789