Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2019

Debt Disclosure [Abstract]

Schedule of Debt and Unamortized Discount Balances

Debt and unamortized discount balances relating to the MidCap Financial CSA are as follows:

	December 31, 2018
Term loan face value	$	10,000,000
Fair value of warrant	(176,813		)
End of term charge	(400,000		)
Capitalized debt issuance costs	(499,354		)
Accretion of debt issuance costs and end of term charge	87,859
Accretion of warrant fair value	17,682
Balance	9,029,374
Less current portion	—
Long-term debt	$	9,029,374

Debt and unamortized discount balances relating to the Innovatus LSA are as follows:

	June 30, 2019
Term loan face value	$	20,000,000
Warrants issued	(629,830		)
Stock discount issued	(201,789		)
Capitalized debt issuance costs	(792,597		)
Interest payment-in-kind	166,524
Accretion of debt discount	79,388
Balance	18,621,696
Less current portion	—
Long-term debt	$	18,621,696

Schedule of Future Minimum Payments Including Interest

Future minimum payments including interest under the Innovatus LSA are as follows as of June 30, 2019:

2019	$	615,959
2020	1,505,249
2021	1,964,030
2022	9,875,878
2023-2024	14,941,449
Total minimum loan payments	$	28,902,565
Unamortized interest	(7,986,041		)
Accretion of debt discount	79,388
End of term charge	(750,000		)
Warrants issued	(629,830		)
Stock discount issued	(201,789		)
Capitalized debt issuance costs and end of term charge	(792,597		)
Term loan	18,621,696
Less current portion	—
Long-term debt	$	18,621,696