LONG-TERM DEBT

The Company’s long-term debt at March 31, 2013 and December 31, 2012 consists of the following (in thousands):



	March 31, 2013			December 31, 2012
Term loans	$	7,400		$	7,400
Equipment financing facility, net of unamortized discount of $78 and $94, respectively	3,086			3,661
Total debt	10,486			11,061
Less current portion	(2,440		)	(2,384		)
Long-term portion	$	8,046		$	8,677

As of March 31, 2013, the Company was a party to three debt agreements: (i) the $50.0 million revolving credit facility ("the Revolver") with Wells Fargo Bank, N.A., (ii) the facility with Hercules Technology Growth Capital, Inc. (“Hercules Facility”) consisting of a $7.4 million initial term loan and lending commitments of up to $15.6 million in additional term loans, and (iii) the $5.0 million equipment financing facility, also with Hercules. As of March 31, 2013, the Company has not drawn upon the Revolver or additional term loans available under the Hercules Facility. Each of these debt agreements is described in greater detail in the consolidated financial statements and related notes included in the Company's Annual Report on Form 10-K for the year ended December 31, 2012.