Quarterly report pursuant to Section 13 or 15(d)

Term Loan (Tables)

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

 

 

 

 

 

 

 

 

    

June 30,

    

December 31,

 

 

2016

 

2015

Term loan

 

$

4,065,237

 

$

5,688,256

Less: debt discount

 

 

(63,141)

 

 

(126,700)

Term Loan, net of debt discount

 

 

4,002,096

 

 

5,561,556

Less: current portion, net of debt discount

 

 

(3,390,993)

 

 

(3,208,074)

Long term debt, net of current portion and debt discount

 

$

611,103

 

$

2,353,482