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Borrowings (Tables)

9 Months Ended

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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