4. DEBT (Tables) - Oxford Loan

9 Months Ended

Sep. 30, 2017

Summary of notes payable

	September 30, 2017			December 31, 2016
Oxford - Gross proceeds	$	20,000,000		$	20,000,000
Paydown of principal balance		(4,444,444	)		—
		15,555,556			20,000,000
Less:
Debt discount		(1,021,216	)		(1,567,249	)
Current portion		—			(6,111,111	)
Senior notes payable	$	14,534,340		$	12,321,640

Summary of related party notes payable

	September 30, 2017			December 31, 2016
Biotest - Gross proceeds	$	15,000,000		$	—
Less:
Debt discount		(165,304	)		—
Note payable - related party	$	14,834,696		$	—