Quarterly report pursuant to Section 13 or 15(d)

DEBT (Tables)

v3.20.1
DEBT (Tables)
3 Months Ended
Mar. 31, 2020
Schedule of debt

 

 

 

 

 

 

 

(in thousands)

  

March 31, 2020

  

December 31, 2019

MidCap Facility

 

$

6,397

 

$

10,849

Current portion of New Centre Lane Facility

 

 

875

 

 

700

Current debt

 

$

7,272

 

$

11,549

 

 

 

 

 

 

 

New Centre Lane Facility

 

$

33,513

 

$

33,687

Unamortized deferred financing costs

 

 

(1,095)

 

 

(1,029)

Long-term debt, net

 

$

32,418

 

$

32,658

 

 

 

 

 

 

 

Total debt, net

 

$

39,690

 

$

44,207

 

Schedule of deferred financing costs amortized to Interest Expense

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

(in thousands)

 

2020

 

2019

New Centre Lane Facility

 

$

110

 

$

95

MidCap Facility

 

 

72

 

 

59

Total

 

$

182

 

$

154

 

Schedule of unamortized deferred financing costs

 

 

 

 

 

 

 

 

 

(in thousands)

    

Location

    

March 31, 2020

 

December 31, 2019

New Centre Lane Facility

 

Long-term debt, net

 

$

1,095

 

$

1,029

MidCap Facility

 

Other long-term assets

 

 

496

 

 

419

Total

 

 

 

$

1,591

 

$

1,448

 

New Centre Lane Facility  
Schedule of prepayment premium

 

 

 

 

 

 

Prepayment Premium as a

 

 

Percentage of Aggregate

Period

 

Outstanding Principal Prepaid

January 13, 2020 to January 13, 2021

 

 

2%

January 14, 2021 to January 13, 2022

 

 

1%

After January 13, 2022

 

 

0%