Total amortization expense for warrant, final fee and original issuance discounts in connection with the growth capital term loans under the Loan and Security Agreement dated August 22, 2014 between the Company and Oxford Finance, LLC and Silicon Valley Bank (the “Growth Term Loan”) was $0 and $59,969 for the three months ended March 31, 2019 and 2018, respectively. Deferred financing cost amortization expense relating to the Growth Term Loan was $0 and $2,982 for the three months ended March 31, 2019 and 2018, respectively. The amortization expense is included in interest expense in the accompanying condensed consolidated statements of operations. The Company recorded no discounts associated with the Growth Term Loan in the accompanying condensed consolidated balance sheets as of both March 31, 2019 and December 31, 2018, respectively.

In March 2018, the Company repaid all principal and interest amounts outstanding under the Growth Term Loan in an aggregate amount equal to approximately $4.3 million, including collateral agent legal fees and prepayment fees. The repayment was funded with net proceeds from the MidCap Credit Facility (see description of the MidCap Credit Facility below). As a result of the repayment, the Company recorded a loss on extinguishment of the Growth Term Loan of $105,064 for the three months ended March 31, 2018, including remaining unamortized discounts of $67,272 and prepayment and other Growth Term Loan lender fees in the accompanying condensed consolidated statements of operations for the three months ended March 31, 2018. All obligations under the Growth Term Loan were terminated upon extinguishment of the Growth Term Loan.

On March 26, 2018 (the “MidCap Closing Date”), the Company entered into a Credit and Security Agreement (Term Loan) (the “MidCap Term Loan”) and a Credit and Security Agreement (Revolving Loan) (the “MidCap Revolving Loan” and together with the MidCap Term Loan, the “MidCap Credit Facility”) with MidCap Financial Trust, as agent. MidCap Financial Trust subsequently assigned its rights and obligations as agent to MidCap Funding IV Trust.

There have been no significant modifications to terms and conditions of the MidCap Credit Facility since the disclosures made in the Company’s Annual Report on Form 10-K, filed with the SEC on March 7, 2019. The remaining principal repayments due under the MidCap Term Loan as of March 31, 2019 are as follows for each fiscal year:

2019	$	—
2020		1,750,000
2021		2,333,333
2022		2,333,333
2023		583,334
Total MidCap Term Loan payments		7,000,000
Less discount and deferred financing costs		(575,185	)
Plus final fee premium		315,000
Total MidCap Term Loan, net	$	6,739,815

The Company recognized approximately $575,185 and $610,359 of debt discount associated with the MidCap Term Loan, resulting from fees and debt issuance costs, in MidCap Term Loan payable – net of discount and debt issuance costs in the accompanying condensed consolidated balance sheets as of March 31, 2019 and December 31, 2018, respectively. Costs incurred in connection with the issuance of the Midcap Revolving Loan of $63,099 and $67,068 are presented as MidCap Revolving Loan costs in the accompanying condensed consolidated balance sheets as of March 31, 2019 and December 31, 2018.

Amortization of the debt discount associated with the MidCap Term Loan was approximately $35,174 and $2,701 for the three months ended March 31, 2019 and 2018, respectively. Amortization of deferred MidCap Revolving Loan costs was $3,969 and $223 for the three months ended March 31, 2019 and 2018, respectively. Amortization of both the debt discount and the revolving loan costs is included in interest expense in the accompanying condensed consolidated statements of operations.