Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.3.0.814
Debt (Tables)
9 Months Ended
Sep. 30, 2015
DEBT  
Schedule of debt

 

 

 

 

 

 

 

 

 

    

December 31,

    

September 30,

 

 

    

2014

    

2015

 

Term loan

 

$

7,500,000

 

$

6,476,202

 

Less: debt discount

 

 

(285,910)

 

 

(151,950)

 

Term Loan, net of debt discount

 

 

7,214,090

 

 

6,324,252

 

Less: current portion, net of debt discount

 

 

(1,905,879)

 

 

(3,128,785)

 

Long term debt, net of current portion and debt discount

 

$

5,308,211

 

$

3,195,467