Quarterly report pursuant to Section 13 or 15(d)

4. DEBT (Tables)

v3.8.0.1
4. DEBT (Tables) - Oxford Loan
3 Months Ended
Mar. 31, 2018
Summary of notes payable

   

March 31,

2018

 

December 31,

2017

         
Notes payable:   $ 30,000,000     $ 30,000,000  
Less:                
Debt discount     (4,383,347 )     (4,631,542 )
Senior notes payable   $ 25,616,653     $ 25,368,458  

Summary of related party notes payable

   

March 31,

2018

 

December 31,

2017

Biotest - Gross proceeds   $ 15,000,000     $ 15,000,000  
Less:                
Debt discount     (149,952 )     (157,604 )
Note payable - related party   $ 14,850,048     $ 14,842,396