Quarterly report pursuant to Section 13 or 15(d)

6. DEBT (Tables)

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6. DEBT (Tables)
9 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Summary of notes payable
    September 30, 2019   December 31, 2018
         
Notes payable   $ 72,500,000     $ 30,000,000  
Less:                
Debt discount     (4,660,838 )     (3,559,170 )
Senior notes payable   $ 67,839,162     $ 26,440,830  
Summary of subordinated note payable
    September 30, 2019   December 31, 2018
Subordinated note payable to Biotest   $ 15,000,000     $ 15,000,000  
Less:                
Debt discount     (100,687 )     (125,816 )
Subordinated note payable   $ 14,899,313     $ 14,874,184