Annual report pursuant to Section 13 and 15(d)

Term Loan (Tables)

v3.6.0.2
Term Loan (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Schedule of debt
Debt consisted of the following as of December 31, 2016 and 2015:
 
 
 
December 31,
 
December 31,
 
 
2016
 
2015
Term loan
 
$
2,374,031

 
$
5,688,256

Less: debt discount
 
(20,364
)
 
(126,700
)
Term Loan, net of debt discount
 
2,353,667

 
5,561,556

Less: current portion, net of debt discount
 
(2,353,667
)
 
(3,208,074
)
Long term debt, net of current portion and debt discount
 
$

 
$
2,353,482