Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.19.1
Debt (Tables)
3 Months Ended
Mar. 31, 2019
Debt Disclosure [Abstract]  
Summary of Principal Outstanding and Unamortized Discount

The following table presents the details of the principal outstanding and unamortized discount (in thousands):

 

 

 

March 31,

 

 

December 31,

 

 

 

2019

 

 

2018

 

Term loan

 

$

12,500

 

 

$

12,500

 

Discount and debt issuance costs on term loan

 

 

(1,594

)

 

 

(1,664

)

Total long-term debt, net

 

$

10,906

 

 

$

10,836

 

Summary of Future Minimum Principal and Interest Payments

The future minimum principal and interest payments as of March 31, 2019 are as follows (in thousands):

 

 

 

Principal

 

 

Interest (1)

 

2019

 

$

 

 

$

1,171

 

2020

 

 

700

 

 

 

1,554

 

2021

 

 

2,800

 

 

 

1,314

 

2022

 

 

2,800

 

 

 

964

 

2023

 

 

6,200

 

 

 

493

 

Total future payments

 

$

12,500

 

 

$

5,496

 

 

 

 

 

 

 

 

 

 

(1) estimated using LIBOR rates as at March 31, 2019