Loan and Security Agreement (Tables)

9 Months Ended

Sep. 30, 2022

Debt Disclosure [Abstract]

Schedule of Interest and Amortization Expense for Final Payment Fee and Debt Discount

The interest expense, amortization expense for the final payment fee and debt discount related to the issuance costs and warrants for our debt is as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Interest Expense	$	2,579,910	$	1,169,167	$	5,578,542	$	3,469,375
Amortization of final payment fee		203,656		155,226		461,695		448,096
Amortization of debt discount related issuance costs and warrants		250,273		135,885		675,256		403,767

Schedule of Outstanding Debt and Unamortized Debt Discount Balances

The outstanding debt and unamortized debt discount balances are as follows:

	September 30, 2022			December 31, 2021
Total Outstanding Debt	$	95,000,000		$	50,000,000
Add: accreted liability of final payment fee		1,156,377			706,407
Less: unamortized debt discount, long-term		(2,243,218	)		(1,616,885	)
Less: current portion of long-term debt		—			—
Loan payable, long-term	$	93,913,159		$	49,089,522

Schedule of Principal Payments

Scheduled Principal Payments on Outstanding Debt, as of September 30, 2022, are as follows:

2022		—
2023		—
2024		—
2025		15,202,884
2026		79,797,116
Total principal payments outstanding	$	95,000,000