Financing Transactions (Tables)

9 Months Ended

Sep. 30, 2013

Financing Transactions [Abstract]

Principal Payments on the Term Loan

Remaining principal payments on the term loan are scheduled as follows:

Year	Principal Payments
2013	$	249,999
2014		999,996
2015		750,007
	$	2,000,002

Term Loan, Net of Debt Discount

The term loan, net of a debt discount of $25,593, is recorded on our unaudited condensed consolidated balance sheet as follows:

Current portion of long-term debt	$	999,996
Long-term debt, less current portion	$	974,413