Annual report pursuant to Section 13 and 15(d)

Long-Term Debt (Tables)

v3.20.1
Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Schedule of long-term debt

Long-term debt consists of the following (in thousands):

 

 

 

 

 

 

 

 

 

December 31, 

 

December 31, 

 

 

2019

 

2018

Term loan agreements

 

$

47,880

 

$

3,828

Revolving credit facility

 

 

 —

 

 

 —

Equipment financing agreements

 

 

380

 

 

752

Promissory notes

 

 

 —

 

 

6,250

Total long-term debt

 

 

48,260

 

 

10,830

Less: current portion of long-term debt

 

 

(749)

 

 

(3,201)

Less: debt issuance costs

 

 

(2,285)

 

 

(32)

Less: discounts on warrants, net

 

 

 —

 

 

(479)

Total long-term debt, net of current portion

 

$

45,226

 

$

7,118

 

 

 

 

 

Future minimum loan payments:

    

 

 

2020

 

$

749

2021

 

 

591

2022

 

 

480

2023

 

 

480

2024

 

 

45,960

Total

 

$

48,260