June 30,

September 30,

2016

2015

Unsecured facility agreement with an entity whereby, as of June 30, 2015, the Company may borrow up to $30.4 million bearing interest at a rate of 8% per annum, payable in arrears semi-annually,with all principal and accrued and unpaid interest due on July 31, 2018. A $1.2M origination fee was paid and recorded as a debt discount and will be amortized as interest expense over the term of the loan. The remaining debt discount was $464,527 and $631,757 at June 30, 2016 and September 30, 2015, respectively.

$

29,935,473

$

29,768,242

Loan Agreement whereby the Company can borrow up to $5 million at 8% per annum on borrowed funds maturing on September 30, 2017.

$

1,399,644

-

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.

-

937,500

Capital leases of office equipment with effective interest rates ranging from 9%-12%. Leases mature on various dates between November 2017 and August 2019.

20,048

24,754

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

199,488

254,917

Total debt obligations

$

31,554,653

$

30,985,414

Less current portion

(69,494

)

(796,225

)

Long-term portion of related party debt

-

Long-term debt, net of current portion

$

31,485,159

$

30,189,188