Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v2.4.1.9
Debt (Tables)
 3 Months Ended
Mar. 31, 2015
Debt Disclosure [Abstract]  
Outstanding Long-Term Debt
Outstanding long-term debt consisted of the following (in thousands):
 
March 31, 2015
 
December 31, 2014
 
Outstanding Principal
 
Unamortized Discount
 
Net Carrying Amount
 
Outstanding Principal
 
Unamortized Discount
 
Net Carrying Amount
Hercules Term Loan
$
20,000

 
$
(843
)
 
$
19,157

 
$
20,000

 
$
(930
)
 
$
19,070

Convertible Note
4,298

 
(1,188
)
 
3,110

 
4,500

 
(1,439
)
 
3,061

Total debt
24,298

 
(2,031
)
 
22,267

 
24,500

 
(2,369
)
 
22,131

Less: Current portion
(20,000
)
 
843

 
(19,157
)
 
(20,000
)
 
930

 
(19,070
)
Long-term debt
$
4,298

 
$
(1,188
)
 
$
3,110

 
$
4,500

 
$
(1,439
)
 
$
3,061

Future Principal Payments on Debt
The following summarizes by year the future principal payments as of March 31, 2015 (in thousands):
Years Ending December 31,
Hercules Term Loan
 
Magna Convertible Notes
 
Total
2015
$
2,949

 
$
—

 
$
2,949

2016
7,666

 
4,298

 
11,964

2017
8,567

 
—

 
8,567

2018
818

 
—

 
818

2019
—

 
—

 
—

Total future principal payments
$
20,000

 
$
4,298

 
$
24,298