Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.21.1
Debt (Tables)
3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
Schedule of future minimum payments under the sub agreement
2021 (remaining nine months)   $
 
2022     1,500,000  
2023     6,000,000  
2024     6,000,000  
2025     1,500,000  
      15,000,000  
End of term charge     1,125,000  
      16,125,000  
Less unamortized debt discount     (1,740,044 )
Sub agreement borrowing net of discount     14,384,956  
Less current portion    
 
Sub agreement borrowings, non-current portion   $ 14,384,956