Schedule of Debt |
Debt consists of the following:
|
|
Maturity |
|
Interest |
|
|
September 30, |
|
|
December 31, |
|
|
|
Date |
|
Rate |
|
|
2017 |
|
|
2016 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Senior secured term notes |
|
9-Jul-20 |
|
|
LIBOR + 9.75 |
% |
|
$ |
15,881,493 |
|
|
$ |
15,620,759 |
|
Less: debt discount |
|
|
|
|
|
|
|
|
(1,686,090 |
) |
|
|
(1,425,167 |
) |
Total senior-term notes, net of discount |
|
|
|
|
|
|
|
$ |
14,195,403 |
|
|
$ |
14,195,592 |
|
|
|
Maturity |
|
|
Interest |
|
|
|
September 30, |
|
|
|
December 31, |
|
|
|
Date |
|
|
Rate |
|
|
|
2017 |
|
|
|
2016 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Convertible Note |
|
10-Oct-18 |
|
|
11 |
% |
|
$ |
0 |
|
|
$ |
500,000 |
|
|
|
Maturity |
|
|
Late |
|
|
|
September 30, |
|
|
|
December 31, |
|
|
|
Date |
|
|
Fee |
|
|
|
2017 |
|
|
|
2016 |
|
iRunway trade payable |
|
On Demand |
|
|
1.5% per month |
|
|
$ |
0 |
|
|
$ |
191,697 |
|
|
|
Maturity |
|
|
Interest |
|
|
|
September 30, |
|
|
|
December 31, |
|
|
|
Date |
|
|
Rate |
|
|
|
2017 |
|
|
|
2016 |
|
Note payable |
|
31-Jan-17 |
|
|
NA |
|
|
$ |
- |
|
|
$ |
103,000 |
|
|
|
Maturity |
|
|
Interest |
|
|
|
September 30, |
|
|
|
December 31, |
|
|
|
Date |
|
|
Rate |
|
|
|
2017 |
|
|
|
2016 |
|
Siemens |
|
30-Sep-17 |
|
|
NA |
|
|
$ |
- |
|
|
$ |
1,672,924 |
|
|
|
Maturity |
|
|
Interest |
|
|
|
September 30, |
|
|
|
December 31, |
|
|
|
Date |
|
|
Rate |
|
|
|
2017 |
|
|
|
2016 |
|
Dominion Harbor |
|
15-Oct-17 |
|
|
NA |
|
|
$ |
- |
|
|
$ |
125,000 |
|
|
|
Maturity |
|
|
Interest |
|
|
|
September 30, |
|
|
|
December 31, |
|
|
|
Date |
|
|
Rate |
|
|
|
2017 |
|
|
|
2016 |
|
Oil & Gas |
|
On Demand |
|
|
NA |
|
|
$ |
1,000,000 |
|
|
$ |
944,296 |
|
|
|
Maturity |
|
|
Interest |
|
|
|
September 30, |
|
|
|
December 31, |
|
|
|
Date |
|
|
Rate |
|
|
|
2017 |
|
|
|
2016 |
|
Convertible Note |
|
10-May-18 |
|
|
0 |
|
|
$ |
1,876,300 |
|
|
$ |
- |
|
Less: debt discount |
|
|
|
|
|
|
|
|
(1,851,171 |
) |
|
|
- |
|
Total Convertible notes, net of discount |
|
|
|
|
|
|
|
$ |
25,129 |
|
|
$ |
- |
|
|
|
Maturity |
|
|
Interest |
|
|
|
September 30, |
|
|
|
December 31, |
|
|
|
Date |
|
|
Rate |
|
|
|
2017 |
|
|
|
2016 |
|
Convertible Note |
|
31-May-18 |
|
|
5 |
% |
|
$ |
3,195,932 |
|
|
$ |
- |
|
Less: debt discount |
|
|
|
|
|
|
|
|
(2,834,308 |
) |
|
|
- |
|
Total Convertible notes, net of discount |
|
|
|
|
|
|
|
$ |
361,624 |
|
|
$ |
- |
|
|
|
Maturity |
|
|
Interest |
|
|
|
September 30, |
|
|
|
December 31, |
|
|
|
Date |
|
|
Rate |
|
|
|
2017 |
|
|
|
2016 |
|
Medtech Note |
|
1-May-18 |
|
|
NA |
|
|
$ |
- |
|
|
$ |
- |
|
|
|
Maturity |
|
|
Interest |
|
|
|
September 30, |
|
|
|
December 31, |
|
|
|
Date |
|
|
Rate |
|
|
|
2017 |
|
|
|
2016 |
|
3D Nano License Fee |
|
31-Jan-17 |
|
|
NA |
|
|
$ |
- |
|
|
$ |
100,000 |
|
|
|
September 30, 2017 |
|
|
December 31, 2016 |
|
Total |
|
$ |
15,582,156 |
|
|
$ |
17,832,509 |
|
Less: current portion |
|
|
(15,582,156 |
) |
|
|
(13,162,007 |
) |
Total, net of current portion |
|
$ |
- |
|
|
$ |
4,670,502 |
|
|