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Debt Obligations (Tables)
9 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Schedule of Remaining Principal Repayments due Under MidCap Term Loan

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 September 30, 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

 

 

(493,923

)

Plus final fee premium

 

 

315,000

 

Total MidCap Term Loan, net

 

$

6,821,077