Loan and Security Agreement (Tables)

9 Months Ended

Sep. 30, 2021

Debt Disclosure [Abstract]

Schedule of Outstanding Debt and Unamortized Debt Discount Balances

The outstanding debt and unamortized debt discount balances are as follows:

	September 30, 2021			December 31, 2020
Total Outstanding Debt	$	50,000,000		$	50,000,000
Add: accreted liability of final payment fee		600,009			151,912
Less: unamortized debt discount, long-term		(1,426,300	)		(1,830,064	)
Less: current portion of long-term debt		—			—
Loan payable, long-term	$	49,173,709		$	48,321,848

Schedule of Principal Payments

Scheduled Principal Payments on Outstanding Debt, as of September 30, 2021, are as follows:

2021		—
2022		—
2023		12,193,153
2024		19,761,468
2025		18,045,379
Total principal payments outstanding	$	50,000,000