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Long-term Debt (Tables)
 9 Months Ended 12 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Debt Disclosure [Abstract]    
Schedule of Long Term Debt

The following table summarizes the long-term debt:

 

   As of September 30, 2021   As of December 31, 2020 
   Principal Balance (including accrued interest)   Unamortized Discount and Debt Issuance Costs   Carrying Value   Principal Balance (including accrued interest)   Unamortized Discount and Debt Issuance Costs   Carrying Value 
12% Second Amended Senior Secured Note, as amended, due on December 31, 2022  $61,131,882   $(2,413,593)  $58,718,289   $56,296,091   $(3,739,690)  $52,556,401 
Delayed Draw Term Note, as amended, due on March 31, 2022   4,717,714    (151,732)   4,565,982    4,294,318    (359,172)   3,935,146 
Paycheck Protection Program Loan, scheduled to mature April 6, 2022, however, fully forgiven on June 22, 2021   -    -    -    5,702,725    -    5,702,725 
Total  $65,849,596   $(2,565,325)  $63,284,271   $66,293,134   $(4,098,862)  $62,194,272 
  
Schedule of Components of the 12% Amended Senior Secured Notes and Carrying Values  

The following table represents the components of long-term debt recognized during the years ended December 31, 2020 and 2019 and the carrying value as of December 31, 2020 and 2019:

 

   As of December 31, 
   2020   2019 
   12% Second
Amended
Senior
Secured
Notes
Components		   Delayed
Draw Term
Note
Components		   Paycheck
Protection
Program
Loan
Components		   Total
Long-term
Debt
Components		   12% Second
Amended
Senior
Secured
Notes
Components		 
Principal amount of debt:                         
Principal amount of debt received on June 10, 2019  $20,000,000   $-   $-   $20,000,000   $20,000,000 
Principal amount of debt received on June 14, 2019   48,000,000    -    -    48,000,000    48,000,000 
Principal amount of debt received on August 27, 2019   3,000,000    -    -    3,000,000    3,000,000 
Principal amount of debt received on March 26, 2020   -    6,913,865    -    6,913,865    - 
Principal amount of debt received on April 6, 2020   -    -    5,702,725    5,702,725    - 
Subtotal principal amount of debt   71,000,000    6,913,865    5,702,725    83,616,590    71,000,000 
Add accrued interest   7,457,388    675,958    -    8,133,346    1,082,642 
Less principal payment paid in Series J Preferred Stock (net of interest of $146,067)   (4,853,933)   -    -    (4,853,933)   (4,853,933)
Less principal payment paid in Series K Preferred Stock (net of interest of $71,495)   -    (3,295,505)   -    (3,295,505)   - 
Less principal payments paid in cash   (17,307,364)   -    -    (17,307,364)   (17,307,364)
Principal amount of debt outstanding including accrued interest   56,296,091    4,294,318    5,702,725    66,293,134    49,921,345 
Debt discount:                         
Placement fee to B. Riley FBR   (3,550,000)   (691,387)   -    (4,241,387)   (3,550,000)
Commitment fee (2% of unused commitment)   -    (101,723)   -    (101,723)   - 
Success based fee to B. Riley FBR   (3,400,000)   -    -    (3,400,000)   (3,400,000)
Legal and other costs   (202,382)   (120,755)   -    (323,137)   (202,382)
Subtotal debt discount   (7,152,382)   (913,865)   -    (8,066,247)   (7,152,382)
Less amortization of debt discount   3,412,692    554,693    -    3,967,385    1,240,782 
Unamortized debt discount   (3,739,690)   (359,172)   -    (4,098,862)   (5,911,600)
Carrying value at end of year  $52,556,401   $3,935,146   $5,702,725   $62,194,272   $44,009,745 
Summary of Interest Expense  

The following table represents interest expense:

 

   Years Ended December 31, 
   2020   2019 
Amortization of debt discounts:          
12% Convertible Debentures  $3,880,609   $3,304,893 
12% Second Amended Senior Secured Notes   2,171,910    1,240,782 
Term Note   554,693    - 
Total amortization of debt discount   6,607,212    4,545,675 
Accrued and noncash converted interest:          
12% Convertible Debentures   2,116,281    1,831,130 
12% Second Amended Senior Secured Notes   6,374,746    1,228,709 
Term Note   747,453    - 
Promissory Note   5,844    5,794 
Total accrued and noncash converted interest   9,244,324    3,065,633 
Cash paid interest:          
12% Second Amended Senior Secured Notes   -    2,351,904 
Promissory Note   -    983 
Other   645,681    499,375 
Total cash paid interest expense   645,681    2,852,262 
Total interest expense  $16,497,217   $10,463,570