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Debt (Tables)
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Debt

Debt at December 31, 2017, consisted of the following (in thousands):

 

 

 

December 31, 2017

 

 

 

Principal

 

 

Unamortized

Discount

 

 

Net Carrying

Value

 

Loan and Security Agreement

 

$

30,000

 

 

$

(202

)

 

$

29,798

 

Less: debt - current

 

 

 

 

 

 

 

 

 

Debt - non-current

 

$

30,000

 

 

$

(202

)

 

$

29,798

 

 

Debt at December 31, 2016, consisted of the following (in thousands):

 

 

 

December 31, 2016

 

 

 

Principal

 

 

Unamortized

Discount

 

 

Total

 

Loan and Security Agreement

 

$

19,499

 

 

$

(124

)

 

$

19,375

 

Less: debt - current

 

 

(7,013

)

 

 

79

 

 

 

(6,934

)

Debt - non-current

 

$

12,486

 

 

$

(45

)

 

$

12,441

 

 

Expected Future Principal and Interest Payments Based on Debt Balances

Expected future principal and interest payments based on debt balances at December 31, 2017, are expected to be as follows:

 

Year ended December 31,

 

Principal

 

 

Interest

 

 

Total

 

2018

 

$

 

 

$

2,554

 

 

 

2,554

 

2019

 

 

7,857

 

 

 

2,280

 

 

 

10,137

 

2020

 

 

8,571

 

 

 

1,558

 

 

 

10,129

 

2021

 

 

8,572

 

 

 

822

 

 

 

9,394

 

2022

 

 

5,000

 

 

 

2,542

 

 

 

7,542

 

Total

 

$

30,000

 

 

$

9,756

 

 

$

39,756