DEBT (Tables)

3 Months Ended

Mar. 31, 2017

DEBT

Schedule of Convertible Notes

	March 31, 2017			December 31, 2016
				(see Note 3)
Current portion
Supplemental line of credit	$	7,105,000		$	7,105,000
Unamortized original issue discount		—			(16,302	)
Total current portion	$	7,105,000		$	7,088,698
Long term portion
Line of credit	$	5,000,000		$	5,000,000
Face amount of convertible notes		10,000,000			1,942,600
Unamortized original issue discount		(910,466	)		(204,703	)
Unamortized discount related to beneficial conversion feature		(4,782,072	)		(977,497	)
Unamortized discount related to warrants issued		(3,319,110	)		(755,092	)
Net convertible notes payable	$	988,352		$	5,308
Total long term portion	$	5,988,352		$	5,005,308
Total debt, net	$	13,093,352		$	12,094,006