Quarterly report pursuant to Section 13 or 15(d)

DEBT (Tables)

v3.19.3
DEBT (Tables)
9 Months Ended
Sep. 30, 2019
Schedule of debt

 

 

 

 

 

 

 

(in thousands)

  

September 30, 2019

  

December 31, 2018

MidCap Facility

 

$

3,898

 

$

3,274

Current portion of New Centre Lane Facility

 

 

700

 

 

525

Current debt

 

$

4,598

 

$

3,799

 

 

 

 

 

 

 

New Centre Lane Facility

 

 

33,862

 

 

34,387

Unamortized deferred financing costs

 

 

(1,124)

 

 

(1,409)

Long-term debt, net

 

$

32,738

 

$

32,978

 

 

 

 

 

 

 

Total debt, net

 

$

37,336

 

$

36,777

 

Schedule of deferred financing costs amortized to Interest Expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

(in thousands)

 

2019

 

2018

 

2019

 

2018

Initial Centre Lane Facility

 

$

 —

 

$

1,256

 

$

 —

 

$

1,475

New Centre Lane Facility

 

 

95

 

 

 —

 

 

285

 

 

 —

MidCap Facility

 

 

59

 

 

 —

 

 

177

 

 

 —

Total

 

$

154

 

$

1,256

 

$

462

 

$

1,475

 

Schedule of unamortized deferred financing costs

 

 

 

 

 

 

 

 

 

(in thousands)

    

Location

    

September 30, 2019

 

December 31, 2018

New Centre Lane Facility

 

Long-term debt, net

 

$

1,124

 

$

1,409

MidCap Facility

 

Other long-term assets

 

 

477

 

 

654

Total

 

 

 

$

1,601

 

$

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%