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

Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

Debt (Tables)

3 Months Ended

Mar. 31, 2020

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,
	2020			2019
Term loan	$	15,000		$	15,000
Discount and debt issuance costs on term loan		(1,438	)		(1,534	)
Total	$	13,562		$	13,466

Summary of Future Minimum Principal and Interest Payments

The future minimum principal and interest payments as of March 31, 2020 are as follows (in thousands):

	Principal		Interest⁽¹⁾
2020		—		1,388
2021		2,100		1,793
2022		2,800		1,472
2023		10,100		2,455
Total future payments	$	15,000	$	7,108

(1) estimated using LIBOR rates as at March 31, 2020

- 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.

+ References

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+ Details