Quarterly report pursuant to Section 13 or 15(d)

DEBT (Tables)

v3.19.2
DEBT (Tables)
6 Months Ended
Jun. 30, 2019
Schedule of debt

 

 

 

 

 

 

 

(in thousands)

  

June 30, 2019

  

December 31, 2018

MidCap Facility

 

$

3,642

 

$

3,274

Current portion of New Centre Lane Facility

 

 

700

 

 

525

Current debt

 

$

4,342

 

$

3,799

 

 

 

 

 

 

 

New Centre Lane Facility

 

 

34,037

 

 

34,387

Unamortized deferred financing costs

 

 

(1,219)

 

 

(1,409)

Long-term debt, net

 

$

32,818

 

$

32,978

 

 

 

 

 

 

 

Total debt, net

 

$

37,160

 

$

36,777

 

Schedule of deferred financing costs amortized to Interest Expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

(in thousands)

 

2019

 

2018

 

2019

 

2018

Initial Centre Lane Facility

 

$

 —

 

$

163

 

$

 —

 

$

219

New Centre Lane Facility

 

 

95

 

 

 —

 

 

190

 

 

 —

MidCap Facility

 

 

59

 

 

 —

 

 

118

 

 

 —

Total

 

$

154

 

$

163

 

$

308

 

$

219

 

Schedule of unamortized deferred financing costs

 

 

 

 

 

 

 

 

 

(in thousands)

    

Location

    

June 30, 2019

 

December 31, 2018

New Centre Lane Facility

 

Long-term debt, net

 

$

1,219

 

$

1,409

MidCap Facility

 

Other long-term assets

 

 

536

 

 

654

Total

 

 

 

$

1,755

 

$

2,063

 

New Centre Lane Facility  
Schedule of prepayment premium

 

 

 

 

 

 

Prepayment Premium as a

 

 

Percentage of Aggregate

Period

 

Outstanding Principal Prepaid

September 19, 2019 to September 18, 2021

 

 

1%

After September 18, 2021

 

 

0%