Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

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Debt (Tables)
 9 Months Ended
Sep. 30, 2016
Debt Disclosure [Abstract]  
Schedule of Outstanding Long-Term Debt

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

 

    September 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   $ 8,981     $ (549 )   $ 8,432     $ 17,051     $ (1,420 )   $ 15,631  
                                                 
Magna Note     -       -       -       763       (29 )     734  
Total debt     8,981       (549 )     8,432       17,814       (1,449 )     16,365  
Less: Current portion     (8,981 )     549       (8,432 )     (17,814 )     1,449       (16,365 )
Long-term debt   $ -     $ -     $ -     $ -     $ -     $ -  

Schedule of Future Principal Payments on Debt

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

 

Years Ending December 31,   Hercules Term
Loan 		    Total  
2016   $ 1,564     $ 1,564  
2017     6,779       6,779  
2018     638       638  
Total future principal payments   $ 8,981     $ 8,981