v3.19.3
Long-Term Debt (Tables)
 9 Months Ended
Sep. 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:

 
September 30,
2019
Term loan face value
$
20,000,000

Warrants issued
(629,830
)
Stock discount issued
(201,789
)
Capitalized debt issuance costs
(865,555
)
Interest payment-in-kind
319,401

Accretion of debt discount
155,129

Balance
18,777,356

Less current portion
—

Long-term debt
$
18,777,356
Schedule of Future Minimum Payments Including Interest
Future minimum payments including interest under the Innovatus LSA are as follows as of September 30, 2019:
 
 
2019
$
246,507

2020
1,505,249

2021
1,964,030

2022
9,875,878

2023-2024
14,941,449

Total minimum loan payments
$
28,533,113

Unamortized interest
(7,463,712
)
Accretion of debt discount
155,129

End of term charge
(750,000
)
Warrants issued
(629,830
)
Stock discount issued
(201,789
)
Capitalized debt issuance costs and end of term charge
(865,555
)
Term loan
18,777,356

Less current portion
—

Long-term debt
$
18,777,356