XML 72 R55.htm IDEA: XBRL DOCUMENT v3.20.4
Borrowings - MidCap Credit Facility - Additional Information (Detail)
$ / shares in Units, $ in Thousands
1 Months Ended 12 Months Ended
Aug. 06, 2019
USD ($)
Installment
$ / shares
shares
Nov. 30, 2020
USD ($)
Installment
$ / shares
shares
Dec. 31, 2019
USD ($)
Aug. 31, 2019
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Debt Instrument [Line Items]            
(Loss) gain on extinguishment of debt         $ (264) $ 3,529
Unamortized debt discount         665  
Early termination fees, percentage 2.00%          
MidCap Credit Facility            
Debt Instrument [Line Items]            
Principal amount       $ 75,000    
Advance of borrowing     $ 25,000      
Amount available under credit facility       25,000 $ 25,000  
Minimum cash covenant $ 30,000 $ 30,000        
Debt instrument payment term description         In August 2020, the Company entered into the second amendment to the MidCap Credit Facility, pursuant to which the parties agreed that no breach of the minimum Afrezza net revenue covenant for any trailing twelve-month reporting period between July 31, 2020 and November 30, 2020 will be deemed to occur if the Company delivers satisfactory evidence that it had unrestricted cash of at least $40.0 million. Without this amendment, the Company would have been in violation of the minimum Afrezza net revenue covenant as of September 30, 2020.  
Debt payable number of equal monthly installments | Installment   24,000,000        
Credit facility, origination fee $ 400          
Interest on loans increased, percentage 2.00%          
Term loan advance percentage of amount drawdown 3.25%          
Warrants to purchase of common stock | shares 1,171,614 111,853        
Exercise price of warrants | $ / shares $ 1.11 $ 2.91        
MidCap Credit Facility | Between First Anniversary and Prior to Second Anniversary of Closing Date            
Debt Instrument [Line Items]            
Early termination fees, percentage 4.00%          
MidCap Credit Facility | Prior to First Anniversary of Closing Date            
Debt Instrument [Line Items]            
Early termination fees, percentage 2.00%          
MidCap Credit Facility | After Second Anniversary and Prior to Third Anniversary of Closing Date            
Debt Instrument [Line Items]            
Early termination fees, percentage 3.00%          
MidCap Credit Facility | LIBOR            
Debt Instrument [Line Items]            
Interest rate floor         6.75%  
MidCap Credit Facility | Minimum            
Debt Instrument [Line Items]            
Debt Instrument Exit Fee Percentage     6.00%      
MidCap Credit Facility | Maximum            
Debt Instrument [Line Items]            
Debt Instrument Exit Fee Percentage     7.00%      
Tranche 1 | MidCap Credit Facility            
Debt Instrument [Line Items]            
Advance of borrowing       40,000    
Minimum cash covenant       40,000    
(Loss) gain on extinguishment of debt         $ 200  
Unamortized debt discount         400  
Warrants to purchase of common stock | shares 1,171,614          
Exercise price of warrants | $ / shares $ 1.11          
Tranche 1 | MidCap Credit Facility | LIBOR            
Debt Instrument [Line Items]            
Interest rate (LIBOR) 6.75%          
Interest rate floor 2.00%          
Tranche 2 | MidCap Credit Facility            
Debt Instrument [Line Items]            
Amount available under credit facility       10,000    
Minimum cash covenant         30,000  
Debt discount and a de minimis amount of debt issuance costs         300  
Unamortized debt discount         $ 300  
Warrants to purchase of common stock | shares 111,853          
Exercise price of warrants | $ / shares $ 2.91          
Tranche 2 | MidCap Credit Facility | LIBOR            
Debt Instrument [Line Items]            
Interest rate (LIBOR) 6.75%          
Interest rate floor 2.00%          
Tranche 3 | MidCap Credit Facility            
Debt Instrument [Line Items]            
Amount available under credit facility   $ 25,000   $ 25,000    
Minimum cash covenant   $ 25,000        
Debt instrument payment term description         principal on the term loan advance under Tranche 3 is payable beginning on the later of (i) September 1, 2022, and (ii) the first day of the first full calendar month immediately following such term loan advance, in an amount equal to the outstanding term loan advance in respect of Tranche 3 divided by the number of full calendar months remaining before August 1, 2024.  
Tranche 3 | MidCap Credit Facility | LIBOR            
Debt Instrument [Line Items]            
Interest rate (LIBOR) 6.75%          
Interest rate floor 2.00%          
Tranche 1 and Tranche 2 | MidCap Credit Facility            
Debt Instrument [Line Items]            
Debt instrument payment term description         principal on the term loan advance under Tranche 3 is payable beginning on the later of (i) September 1, 2022, and (ii) the first day of the first full calendar month immediately following such term loan advance, in an amount equal to the outstanding term loan advance in respect of Tranche 3 divided by the number of full calendar months remaining before August 1, 2024.  
Debt payable number of equal monthly installments | Installment 24