Debt Obligations (Tables)

9 Months Ended

Sep. 30, 2021

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:

	September 30,		December 31,
	2021		2020
SVB Term Loan	$	3,750,000	$	2,000,000
PPP Loan		—		857,040
2021 Insurance Note		417,107		—
2020 Insurance Note		—		165,099
	$	4,167,107	$	3,022,139

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:

	September 30,		December 31,
	2021		2020
SVB Term Loan, net of discount and debt issuance costs	$	6,309,416	$	7,708,348
PPP Loan		—		859,960
	$	6,309,416	$	8,568,308

Schedule of Remaining Principal Repayments due Under SVB Term Loan

The remaining principal repayments due under the SVB Term Loan as of September 30, 2021 are as follows for each fiscal year:

2021	$	-
2022		5,000,000
2023		5,000,000
Total SVB Term Loan payments		10,000,000
Less discount and deferred financing costs		(740,584	)
Plus final fee premium		800,000
Total SVB Term Loan, net	$	10,059,416