Quarterly report pursuant to Section 13 or 15(d)

DEBT (Tables)

v3.20.2
DEBT (Tables)
6 Months Ended
Jun. 30, 2020
Schedule of debt

 

 

 

 

 

 

 

(in thousands)

  

June 30, 2020

  

December 31, 2019

MidCap Facility

 

$

11,402

 

$

10,849

Current portion of New Centre Lane Facility

 

 

700

 

 

700

Current debt

 

$

12,102

 

$

11,549

 

 

 

 

 

 

 

New Centre Lane Facility

 

$

33,513

 

$

33,687

Unamortized deferred financing costs

 

 

(986)

 

 

(1,029)

Long-term debt, net

 

$

32,527

 

$

32,658

 

 

 

 

 

 

 

Total debt, net

 

$

44,629

 

$

44,207

 

Schedule of deferred financing costs amortized to Interest Expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

(in thousands)

 

2020

 

2019

 

2020

 

2019

New Centre Lane Facility

 

$

110

 

$

95

 

$

220

 

$

190

MidCap Facility

 

 

73

 

 

59

 

 

145

 

 

118

Total

 

$

183

 

$

154

 

$

365

 

$

308

 

Schedule of unamortized deferred financing costs

 

 

 

 

 

 

 

 

 

(in thousands)

    

Location

    

June 30, 2020

 

December 31, 2019

New Centre Lane Facility

 

Long-term debt, net

 

$

986

 

$

1,029

MidCap Facility

 

Other long-term assets

 

 

423

 

 

419

Total

 

 

 

$

1,409

 

$

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%