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Borrowings (Tables)
3 Months Ended
Mar. 31, 2019
Debt Disclosure [Abstract]  
Summary of Borrowings

Borrowings consist of the following (in thousands):

 

 

 

March 31, 2019

 

 

December 31, 2018

 

Facility Financing Obligation (2019 Notes and

   Tranche B Notes)

 

 

 

 

 

 

 

 

Principal amount

 

$

11,495

 

 

$

11,495

 

Unamortized debt issuance costs and debt discount

 

 

(110

)

 

 

(197

)

Net carrying amount

 

$

11,385

 

 

$

11,298

 

Senior Convertible Notes (2021 Notes)

 

 

 

 

 

 

 

 

Principal amount

 

$

18,690

 

 

$

18,690

 

Unamortized debt issuance costs and debt premium

 

 

375

 

 

 

409

 

Net carrying amount

 

$

19,065

 

 

$

19,099

 

Note payable to related party - net carrying

   amount

 

$

72,036

 

 

$

72,089

 

 

 

 

 

 

 

 

 

 

Total debt - net carrying amount

 

$

102,486

 

 

$

102,486

 

 

Schedule of Principal Payment Settlement in Cash or Exchange for Issuance of Shares

Date

 

2019 notes

 

Tranche B notes

July 2016

 

$5.0 million (cash)

 

 

April 2017

 

$5.0 million (equity exchange)

 

$4.0 million (cash)

$1.0 million (equity exchange)

June 2017

 

$5.0 million (equity exchange)

 

 

November 2017

 

$5.6 million (equity exchange)

 

 

January 2018

 

$3.2 million (equity exchange)

 

 

March 2018

 

$1.3 million (equity exchange)

 

$5.0 million (equity exchange)

June 2018

 

$3.0 million (equity exchange)

 

$3.0 million (equity exchange)

July 2018

 

$2.0 million (cash)

$10.0 million (equity exchange)

 

$2.0 million (equity exchange)

September 2018

 

$8.0 million (equity exchange)

 

$2.5 million (equity exchange)

October 2018

 

$3.0 million (cash)

 

 

 

Accretion of Debt Issuance Cost and Debt Discount

Accretion of debt issuance cost and debt discount during the three months ended March 31, 2019 and 2018, are as follows (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2019

 

 

2018

 

Accretion expense - debt issuance cost

 

$

14

 

 

$

6

 

Accretion expense - debt discount

 

$

72

 

 

$

310

 

 

Schedule of Amortization of Premium and Accretion of Debt Issuance Costs

Amortization of the premium and accretion of debt issuance costs related to the 2021 notes for the three months ended March 31, 2019 and 2018 are as follows:

 

 

 

Three Months Ended March 31,

 

 

 

2019

 

 

2018

 

Amortization of debt premium

 

$

36

 

 

$

43

 

Accretion expense - debt issuance cost

 

 

2

 

 

$