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Growth Term Loan
6 Months Ended
Jun. 30, 2017
Debt Disclosure [Abstract]  
Growth Term Loan

Note 8. Growth Term Loan

 

There have been no significant modifications to the terms and conditions of the Growth Term Loan since the disclosures made in the Company’s Annual Report on Form 10-K, filed with the SEC on March 23, 2017. The remaining principal repayments due under the Growth Term Loan as of June 30, 2017 are as follows for each fiscal year:  

 

2017

 

$

3,263,152

 

2018

 

 

5,163,822

 

Total Growth Term Loan payments

 

 

8,426,974

 

Less discount and deferred financing costs

 

 

(150,049

)

Plus final fee premium

 

 

606,684

 

Total Growth Term Loan, net

 

$

8,883,609