Quarterly report pursuant to Section 13 or 15(d)

9. Equipment Financing Obligations (Tables)

v3.7.0.1
9. Equipment Financing Obligations (Tables)
3 Months Ended
Mar. 31, 2017
Equipment Financing Obligations Details 1  
Equipment financing obligations
    March 31,     December 31,  
    2017     2016  
Equipment financing obligations   $ 2,016,167     $ 2,239,661  
Less: current portion     (1,041,466 )     (1,002,578 )
Long-term portion   $ 974,701     $ 1,237,083  
Principal payment under the capital lease agreements
Year ending December 31:   Principal  
2017   $ 779,084  
2018     958,845  
2019     268,044  
2020     10,194  
    $ 2,016,167