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Debt Obligations (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Current Portion of Long-term Debt, Net

Current portion of long-term debt consisted of the following as of the dates indicated:

 

 

December 31,

 

 

 

2022

 

 

2021

 

SVB Term Loan, net of discount and debt issuance costs

 

$

3,812,498

 

 

$

5,000,000

 

2021 Insurance Note

 

 

 

 

 

167,586

 

 

 

$

3,812,498

 

 

$

5,167,586

 

Schedule of Long Term Debt, Net of Current Portion and Discount and Debt Issuance Costs

Long-term debt, net of current portion, discount and debt issuance costs, consisted of the following as of the dates indicated:

 

 

December 31,

 

 

 

2022

 

 

2021

 

SVB Term Loan, net of discount and debt issuance costs

 

$

-

 

 

$

5,178,629

 

Schedule of Remaining Principal Repayments due Under SVB Term Loan

The remaining principal repayments due under the SVB Term Loan as of December 31, 2022 are as follows:

2023

 

$

3,235,294

 

Less discount and deferred financing costs

 

 

(222,796

)

Plus final fee premium

 

 

800,000

 

Total SVB Term Loan, net

 

$

3,812,498