December 31,

September 30,

2015

Unsecured facility agreement of up to $30.4 million bearing interest at a rate of 8% per annum, with all principal and accrued and unpaid interest due on July 31, 2018. An orgination fee was paid, recognized as a debt discount and is being amortized as interest expense over the term of the loan. As of December 31, 2015, the remaining debt discount was $576,014.

$

29,823,986

$

29,768,243

Related party unsecured line of credit whereby the Company can borrow up to $5 million at 8% per annum on borrowed funds maturing on September 30, 2017.

-

The Company entered into an agreement whereby the Company was granted a non-exclusive, irrevocable, perpetual and royalty-free license to certain patents with an entity. The Company agreed to pay $4,500,000 over two years or $187,500 per month through February 2016.

375,000

937,500

Capital lease of office equipment maturing in August 2019.

22,679

24,754

Non-interest bearing notes payable to a governmental agency assumed in conjunction with the G2 acquisition.

224,606

254,917

Total debt obligations

30,446,271

30,985,414

Less current portion

(224,506

)

(796,225

)

Long-term portion of related party debt

-

Long-term debt, net of current portion

$

30,221,765

$

30,189,189