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Debt (Tables)
9 Months Ended
Sep. 30, 2015
Debt

Debt at September 30, 2015, consisted of the following (in thousands):

 

     September 30, 2015  
     Principal      Unamortized
Discount
     Total  

Loan and Security Agreement

   $ 20,000       $ (144    $ 19,856   

Less: debt - current

     (1,512      63         (1,449
  

 

 

    

 

 

    

 

 

 

Debt - non-current

   $ 18,488       $ (81    $ 18,407   
  

 

 

    

 

 

    

 

 

 

Debt at December 31, 2014, consisted of the following (in thousands):

 

     December 31, 2014  
     Principal      Unamortized
Discount
     Total  

Loan and Security Agreement

   $ 10,000       $ (128    $ 9,872   

Less: debt - current

     —           —           —     
  

 

 

    

 

 

    

 

 

 

Debt - non-current

   $ 10,000       $ (128    $ 9,872   
  

 

 

    

 

 

    

 

 

 
Expected Principal and Interest Payments on Debt

Principal and interest payments on debt at September 30, 2015, are expected to be as follows * (in thousands):

 

Year ended December 31,

   Principal      Interest      Total  

2015

   $ —         $ 349       $ 349   

2016

     3,050         1,352         4,402   

2017

     6,428         980         7,408   

2018

     6,892         517         7,409   

2019

     3,630         1,474         5,104   
  

 

 

    

 

 

    

 

 

 

Total

   $ 20,000       $ 4,672       $ 24,672   
  

 

 

    

 

 

    

 

 

 

 

* Unless interest only period extends to December 31, 2016, as described below.