Annual report pursuant to Section 13 and 15(d)

Loans and Other Arrangements (Tables)

v2.4.1.9
Loans and Other Arrangements (Tables)
 12 Months Ended
Dec. 31, 2014
Loans and Other Arrangements [Abstract]  
Aggregate future principal and final fee payments of interest bearing obligations
Aggregate future principal, final fee payments and discounts of the Company’s total interest bearing obligations - long-term as of December 31, 2014 are as follows (in thousands):

Year Ending December 31,
  
Total
  
2015
  
$
20,276
  
2016
    
18,447
  
     
38,723
  
Less: interest, final payment and discount
    
(3,186
)
     
35,537
  
Less: current portion
    
(19,247
)
Total
  
$
16,290
  
Interest expense and amortization of debt issuance costs
Interest expense and amortization of debt issuance costs and discounts, recorded as other expense in the accompanying consolidated statements of comprehensive loss for the year ended December 31, 2014, 2013 and 2012 are shown below (in thousands):

   
Year ended December 31,
  
   
2014
    
2013
    
2012
  
Interest expense
            
Servier loan
  
$
2,330
    
$
2,152
    
$
2,097
  
GECC term loan
    
1,638
      
2,064
      
1,850
  
Novartis note
    
312
      
362
      
397
  
Other
    
23
      
53
      
43
  
Total interest expense
  
$
4,303
    
$
4,631
    
$
4,387