Convertible Debt and Other Debt - Summary of Changes in Convertible Debt and Revolving Note Payable, Net of Unamortized Discounts (Details) - USD ($) |
12 Months Ended | |
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Dec. 31, 2019 |
Dec. 31, 2018 |
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Debt Disclosure [Abstract] | ||
Balance at January 1, | $ 4,000,805 | |
Issuance of convertible debt, face value | 7,196,363 | |
Deferred financing cost | (533,563) | |
Contingent beneficial conversion feature on convertible note | (558,903) | |
Debt discount from warrants issued with debt | (208,714) | |
Debt discount from shares issued with the notes | (239,875) | |
Conversion of debt into equity | (216,297) | |
Payments | (4,396,485) | $ (3,522,000) |
Accretion of interest and amortization of debt discount to interest expense through December 31, | 1,078,007 | |
Balance at December 31 | 6,121,338 | $ 4,000,805 |
Less: current portion | 6,121,338 | |
Convertible debt, long-term portion |
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- Definition Accretion of interest and amortization of debt discount to interest expense. No definition available.
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- Definition Contingent beneficial conversion feature on convertible note. No definition available.
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- Definition Conversion of debt into equity. No definition available.
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- Definition Convertible debt and revolving note payable. No definition available.
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- Definition Convertible debt and revolving note payable, current. No definition available.
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- Definition Convertible debt and revolving note payable, Noncurrent. No definition available.
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- Definition Debt discount from shares issued with the notes. No definition available.
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- Definition Debt discount from warrants issued with debt. No definition available.
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- Definition Deferred financing cost. No definition available.
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- References No definition available.
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash outflow from the repayment of a long-term debt instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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