Debt (Tables)

3 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

Schedule of Long-term Debt and Short-term Borrowings

The following table summarizes the Company’s long-term debt and short-term borrowings as of March 31, 2021 and December 31, 2020:

	March 31, 2021			December 31, 2020
EIB	$	25,094,880		$	25,936,928
PPP		259,353			259,353
MGHIF		—			331,904
Insurance financings		22,701			107,742
Total debt obligations		25,376,934			26,635,927
Unamortized debt discount		(5,664,238	)		(6,557,992	)
Carrying value of debt		19,712,696			20,077,935
Less current portion		(282,055	)		(699,000	)
Long-term debt	$	19,430,641		$	19,378,935