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Loan and Security Agreement (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt and Unamortized Discount Balances

Long-term debt and unamortized discount balances are as follows (in thousands):

 

Face value of loan

 

$

50,000

 

Fair value of warrant

 

 

(1,377)

 

Capitalized debt issuance costs

 

 

(1,619)

 

Accretion of debt issuance costs and other

 

 

69

 

Accretion of debt discount

 

 

34

 

Balance at December 31, 2016

 

$

47,107

 

 

Future Minimum Payments under Amended and Restated Loan and Security Agreement

Future minimum payments under the loan and security agreement are as follows (in thousands):

 

Year Ending December 31,

 

 

 

 

2017

 

 

4,914

 

2018

 

 

13,675

 

2019

 

 

22,548

 

2020

 

 

25,411

 

Total future minimum payments

 

 

66,548

 

Unamortized interest

 

 

(16,445)

 

Debt discount

 

 

(1,377)

 

Capitalized debt issuance costs

 

 

(1,619)

 

Total minimum payment

 

 

47,107

 

Current portion

 

 

 

Long-term debt

 

$

47,107

 

 

The Company, the Borrowers and the Lenders entered into an amendment to the Loan Agreement in March 2017. See Note 20 for additional details.