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Indebtedness (Tables)
 9 Months Ended
Sep. 30, 2020
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
Long-term debt as of September 30, 2020 consisted of the following (in thousands):
September 30, 2020
Term loan$30,000 
Debt discount and issuance costs(1,335)
Long-term debt$28,665 
Schedule of Future Minimum Principal Payments The scheduled future minimum principal payments are as follows (in thousands)
September 30, 2020
2020 (remaining 3 months)$— 
2021— 
20225,806 
202311,613 
202411,613 
2025968 
Total$30,000 
Schedule of Net Carrying Amount of Liability Component
The net carrying amount of the liability component of the 2027 Notes was as follows (in thousands):
September 30, 2020December 31, 2019
Principal amount$200,000 $— 
Unamortized debt discount(57,557)— 
Unamortized debt issuance cost(285)— 
Net carrying amount$142,158 $— 
Schedule of Equity Components
The net carrying amount of the equity component of the 2027 Notes was as follows (in thousands):
September 30, 2020December 31, 2019
Debt discount related to the value of conversion option$53,635 $— 
Debt issuance cost(109)— 
Net carrying amount$53,526 $— 
Schedule of Interest Expense Recognized
The following table sets forth the interest expense recognized related to the 2027 Notes (in thousands):
Three months ended September 30, 2020Nine months ended September 30, 2020
2020201920202019
Contractual interest expense$2,500 $— $3,639 $— 
Amortization of debt discount7 — 10 — 
Amortization of debt issuance cost1,436 — 2,078 — 
Total interest expense related to the 2027 Notes$3,943 $— $5,727 $—