Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.5.0.2
Debt (Tables)
6 Months Ended
Jun. 30, 2016
Debt Disclosure [Abstract]  
Schedule of Outstanding Long-Term Debt

Outstanding long-term debt consisted of the following (in thousands):

 

    June 30, 2016     December 31, 2015  
    Outstanding
Principal
    Unamortized Discount and Debt
Issuance Costs
    Net Carrying Amount     Outstanding
Principal
    Unamortized Discount and Debt
Issuance Costs
    Net Carrying Amount  
Hercules Term Loan     10,628       (706 )     9,922       17,051       (1,420 )     15,631  
Convertible Note     700       (231 )     469       -       -       -  
Magna Note     763       (4 )     759       763       (29 )     734  
Total debt     12,091       (941 )     11,150       17,814       (1,449 )     16,365  
Less: Current portion     (11,391 )     710       (10,681 )     (17,814 )     1,449       (16,365 )
Long-term debt   $ 700     $ (231 )   $ 469     $ -     $ -     $ -  

Schedule of Future Principal Payments on Debt

The following summarizes by year the future principal payments as of June 30, 2016 (in thousands):

 

Years Ending December 31,   Hercules Term
Loan
    Magna
Note
    Riverside
Note
    Total  
2016   $ 3,111     $ 763     $ -     $ 3,874  
2017     6,858       -       -       6,858  
2018     659       -       700       1,359  
Total future principal payments   $ 10,628     $ 763     $ 700     $ 12,091