Convertible Senior Notes (Tables)

9 Months Ended

Sep. 30, 2020

Convertible Senior Notes

Schedule of components of notes payable

Notes payable consisted of the following at September 30, 2020:

	September 30, 2020
Principal amount of Notes	$	115,000,000
Unamortized debt issuance costs		(3,844,791)
Net carrying value of Notes payable	$	111,155,209

Schedule of interest expenses incurred in connection with the Notes

	Three Months Ended		Nine Months Ended
	September 30, 2020		September 30, 2020
Coupon interest	$	891,250	$	1,226,667
Amortization of debt issuance costs		187,499		247,604
Total interest expense on Notes	$	1,078,749	$	1,474,271

Schedule of total gross principal payments due under the Company's notes payable

Years Ending December 31,
Remainder of 2020	$	—
2021		—
2022		—
2023		—
2024		—
2025		115,000,000
Total Payments	$	115,000,000