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Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt

Long-term debt consists of the following (in thousands):

 

 

 

March 31,

2020

 

Long-term debt

 

$

50,000

 

Unamortized debt discount

 

 

(4,087

)

Long-term debt, net of debt discount

 

$

45,913

 

Schedule of Future Minimum Principal and Interest Payments Under Term Loans

Future minimum principal and interest payments under the Term Loans, including the final payment fee, as of March 31, 2020 are as follows (in thousands):

 

Year ending December 31:

 

 

 

 

2020

 

$

2,457

 

2021

 

 

13,218

 

2022

 

 

19,065

 

2023

 

 

17,840

 

2024

 

 

11,198

 

Total principal and interest payments

 

 

63,778

 

Less interest and final payment fee

 

 

(13,778

)

Long-term debt

 

$

50,000