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Borrowings (Tables) | 9 Months Ended
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Sep. 30, 2020
Debt Disclosure [Abstract] |
Summary of Carrying Amount of Principal Borrowings | Carrying amount of principal borrowings consist of the following (in thousands):
|  | September 30, 2020 |  |  | December 31, 2019 |
Mann Group promissory notes |  | $ | 70,025 |  |  | $ | 70,020 |
Midcap Credit Facility |  |  | 39,346 |  |  |  | 38,851 |
Senior notes (December 2020 note and 2024 convertible notes) |  |  | 7,581 |  |  |  | 10,028 |
PPP Loan |  |  | 4,873 |  |  |  | — |
Total debt — net carrying amount |  |  | 121,825 |  |  |  | 118,899 |
Less current portion of long-term debt |  |  | (45,379 | ) |  |  | (5,028 | )
Long-term debt |  | $ | 76,446 |  |  | $ | 113,871 |
Schedule of Line of Credit Facility Debt and Key Terms | The following table provides a summary of the Company’s debt and key terms:
|  | Amount Due |  |  | Terms
|  | September 30, 2020 |  |  | December 31, 2019 |  |  | Annual Interest Rate |  |  | Maturity Date |  | Conversion Price
Mann Group convertible note |  | $35.0 million (plus $2.9 million accrued interest paid-in-kind) |  |  | $35.0 million (plus $1.0 million accrued interest paid-in-kind) |  |  | 7.00% |  |  | November 2024 |  | $2.50 per share
Mann Group non- convertible note |  | $35.1 million (plus $2.9 million accrued interest paid-in-kind) |  |  | $35.1 million (plus $1.0 million accrued interest paid-in-kind) |  |  | 7.00% |  |  | November 2024 |  | N/A
MidCap Credit Facility |  | $40.0 million |  |  | $40.0 million |  |  | one-month LIBOR (2% floor) plus 6.75% |  |  | August 2024 |  | N/A
2024 convertible notes |  | $5.0 million |  |  | $5.0 million |  |  | 5.75% |  |  | November 2024 |  | $3.00 per share
June 2020 note |  |  | — |  |  | $2.6 million |  |  |  | — |  |  | June 2020 |  | N/A
December 2020 note |  | $2.6 million |  |  | $2.6 million |  |  |  | — |  |  | December 2020 |  | N/A
PPP Loan |  | $4.9 million |  |  |  | — |  |  | 0.98% |  |  | April 2022 |  | N/A
Schedule of Maturities of Our Borrowings | The maturities of our borrowings as of September 30, 2020 are as follows (in thousands):
|  | Amounts |
2020 |  | $ | 4,254 |
2021 |  |  | 6,881 |
2022 |  |  | 14,146 |
2023 |  |  | 13,333 |
2024 |  |  | 83,940 |
Thereafter |  |  | — |
Total principal payments |  |  | 122,554 |
Unamortized discount |  |  | (306 | )
Unamortized debt issuance costs |  |  | (423 | )
Total debt — net carrying amount |  | $ | 121,825 |
Schedule of Amortization of Premium and Accretion of Debt Issuance Costs | Amortization of the premium and accretion of debt issuance costs related to all borrowings for the three and nine months ended September 30, 2020 and 2019 are as follows (in thousands):
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Accretion of debt discount |  | $ | 53 |  |  | $ | 8 |  |  | $ | 232 |  |  | $ | 149 |
Amortization of debt issuance cost |  |  | (27 | ) |  |  | (34 | ) |  |  | (82 | ) |  |  | (84 | )
Amortization of debt premium |  |  | — |  |  |  | (858 | ) |  |  | — |  |  |  | (1,049 | )

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