Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.2.0.727
Debt (Tables)
 6 Months Ended
Jun. 30, 2015
Debt Disclosure [Abstract]  
Outstanding Long-Term Debt
Outstanding long-term debt consisted of the following (in thousands):
 
June 30, 2015
 
December 31, 2014
 
Outstanding Principal
 
Unamortized Discount
 
Net Carrying Amount
 
Outstanding Principal
 
Unamortized Discount
 
Net Carrying Amount
Hercules Term Loan
20,000

 
(752
)
 
$
19,248

 
$
20,000

 
$
(930
)
 
$
19,070

Convertible Note
4,298

 
(1,001
)
 
3,297

 
4,500

 
(1,439
)
 
3,061

Total debt
24,298

 
(1,753
)
 
22,545

 
24,500

 
(2,369
)
 
22,131

Less: Current portion
(20,798
)
 
1,032

 
(19,766
)
 
(20,000
)
 
930

 
(19,070
)
Long-term debt
$
3,500

 
$
(721
)
 
$
2,779

 
$
4,500

 
$
(1,439
)
 
$
3,061

Future Principal Payments on Debt
The following summarizes by year the future principal payments as of June 30, 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

Total future principal payments
$
20,000

 
$
4,298

 
$
24,298