Debt Obligations (Tables)

12 Months Ended

Dec. 31, 2015

Debt Disclosure [Abstract]

Principal Repayments Due Under Term Loan

The principal repayments due under the term loan as of December 31, 2015 before consideration of the additional $5.0 million Growth Term Loan B funds expected to be drawn in March 2016, are as follows:

2016	$	3,059,068
2017		4,393,103
2018		3,547,829
Total Growth Term Loan payments		11,000,000
Less discount		(365,877	)
Plus final fee premium		214,908
Total Growth Term Loan, net	$	10,849,031