XML 32 R20.htm IDEA: XBRL DOCUMENT v3.21.1
Indebtedness (Tables)
 3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
Long-term debt as of March 31, 2021 consisted of the following (in thousands):
March 31, 2021
Term loan$30,000 
Debt discount and issuance costs(1,177)
Long-term debt$28,823 
Schedule of Future Minimum Principal Payments
The scheduled future minimum principal payments are as follows (in thousands)
March 31, 2021
2021 (remaining 9 months)$— 
20225,806 
202311,613 
202411,613 
2025968 
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):
March 31, 2021December 31, 2020
Principal amount$200,000 $200,000 
Unamortized debt discount(54,562)(56,080)
Unamortized debt issuance cost(270)(278)
Net carrying amount$145,168 $143,642 
Schedule of Equity Components
The net carrying amount of the equity component of the 2027 Notes was as follows (in thousands):
March 31, 2021December 31, 2020
Debt discount related to the value of conversion option$53,635 $53,635 
Debt issuance cost(109)(109)
Net carrying amount$53,526 $53,526 
Schedule of Interest Expense Recognized
The following table sets forth the interest expense recognized related to the 2027 Notes (in thousands):
Three months ended March 31, 2021
20212020
Contractual interest expense$2,500 $— 
Amortization of debt discount1,518 — 
Amortization of debt issuance cost8 — 
Total interest expense related to the 2027 Notes$4,026 $—