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Indebtedness (Tables)
6 Months Ended
Jun. 30, 2020
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt

Long-term debt as of June 30, 2020 consisted of the following (in thousands):

 

 

 

June 30, 2020

 

Term loan

 

$

30,000

 

Debt discount and issuance costs

 

 

(1,363

)

Long-term debt

 

$

28,637

 

Schedule of Future Minimum Principal Payments

The scheduled future minimum principal payments are as follows (in thousands)

 

 

 

June 30, 2020

 

2020 (remaining 6 months)

 

 

 

2021

 

 

5,833

 

2022

 

 

10,000

 

2023

 

 

10,000

 

2024

 

 

4,167

 

Total

 

$

30,000

 

Schedule of Net Carrying Amount of Liability Component

The net carrying amount of the liability component of the 2027 Notes was as follows (in thousands):

 

 

June 30, 2020

 

 

December 31, 2019

 

Principal amount

$

200,000

 

 

$

 

Unamortized debt discount

 

(58,993

)

 

 

 

Unamortized debt issuance cost

 

(292

)

 

 

 

Net carrying amount

$

140,715

 

 

$

 

Schedule of Equity Components

The net carrying amount of the equity component of the 2027 Notes was as follows (in thousands):

 

 

June 30, 2020

 

 

December 31, 2019

 

Debt discount related to the value of conversion option

$

53,635

 

 

$

 

Debt issuance cost

 

(109

)

 

 

 

Net carrying amount

$

53,526

 

 

$

 

Schedule of Interest Expense Recognized

The following table sets forth the interest expense recognized related to the 2027 Notes (in thousands):

 

 

June 30, 2020

 

 

December 31, 2019

 

Contractual interest expense

$

1,139

 

 

$

 

Amortization of debt discount

 

3

 

 

 

 

Amortization of debt issuance cost

 

642

 

 

 

 

Total interest expense related to the 2027 Notes

$

1,784

 

 

$