On May 22, 2018, the Company terminated the amended term loan agreement (“Amended Term Loan Agreement”) it had with the International Finance Corporation (“IFC”) by prepaying the outstanding principal and accrued interest. The Company did not incur any termination or prepayment penalties as a result of the termination of the Amended Term Loan Agreement.

The table below shows the components of the “Interest income (expense), net” line item of the Company’s condensed consolidated statements of operations and the average effective interest rate, excluding commitment fees, on the Company’s borrowings:


	Three Months Ended September 30,					Nine Months Ended September 30,
	2019			2018		2019			2018
	(in thousands)
Interest expense related to debt, including commitment fees	$	—		$	—	$	—		$	(257)
Deferred finance cost amortization		—			—		—			(191)
Interest income		193			2		581			33
Other interest expense not related to debt		—			109		—			142
Interest income (expense), net	$	193		$	111	$	581		$	(273)

Average effective interest rate, excluding commitment fees		0.00%	⁽¹⁾		0.00%		0.00%	⁽¹⁾		7.09%