Quarterly report pursuant to Section 13 or 15(d)

6. DEBT (Tables)

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6. DEBT (Tables) - Oxford Loan
3 Months Ended
Mar. 31, 2019
Summary of notes payable
    March 31, 2019   December 31, 2018
         
Notes payable:   $ 45,000,000     $ 30,000,000  
Less:                
Debt discount     (4,114,897 )     (3,559,170 )
Senior notes payable   $ 40,885,103     $ 26,440,830  
Summary of related party notes payable
    March 31, 2019   December 31, 2018
Related party note payable to Biotest   $ 15,000,000     $ 15,000,000  
Less:                
Debt discount     (117,663 )     (125,816 )
Note payable - related party   $ 14,882,337     $ 14,874,184