BIOLASE, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

Debt (Tables)

9 Months Ended

Sep. 30, 2019

Summary of Principal Outstanding and Unamortized Discount

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

	September 30,			December 31,
	2019			2018
Term loan	$	15,000		$	12,500
Discount and debt issuance costs on term loan		(1,644	)		(1,664	)
Total long-term debt, net	$	13,356		$	10,836

Summary of Future Minimum Principal and Interest Payments

The future minimum principal and interest payments as of September 30, 2019 are as follows (in thousands):

	Principal		Interest⁽¹⁾
2019 (three months)	$	—	$	484
2020		—		1,931
2021		2,100		1,848
2022		2,800		1,517
2023		10,100		1,063
Total future payments	$	15,000	$	6,843

(1) estimated using LIBOR rates as at September 30, 2019

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details