Quarterly report pursuant to Section 13 or 15(d)

Term Loan (Tables)

v3.5.0.2
Term Loan (Tables)
9 Months Ended
Sep. 30, 2016
Term Loan.  
Schedule of debt

 

 

 

 

 

 

 

 

    

September 30,

    

December 31,

 

 

2016

 

2015

Term loan

 

$

3,228,763

 

$

5,688,256

Less: debt discount

 

 

(38,970)

 

 

(126,700)

Term Loan, net of debt discount

 

 

3,189,793

 

 

5,561,556

Less: current portion, net of debt discount

 

 

(3,189,793)

 

 

(3,208,074)

Long term debt, net of current portion and debt discount

 

$

 —

 

$

2,353,482