Annual report pursuant to Section 13 and 15(d)

Debt (Tables)

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Debt (Tables)
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Schedule of notes payable

      Principal     Unamortized Discount and Debt Issuance Costs  
  Senior Secured Notes, due June 30, 2018 (discount is based on imputed interest rate of 26%)   $ 5,750,000     $ 987,500  

Schedule of long-term debt
    2017     2016  
               
  Secured mortgage payable to Bank for the purchase of the 100 Commerce Drive Building due in monthly installments of $11,951. The interest rate is 6.5% and the maturity date is November 1, 2026.   $ 1,741,379     $ 1,767,950  
  Note payable, former building owner interest payment only due in monthly installments of $1,604 interest at 5.5%. A balloon payment of $350 thousand plus unpaid interest due August 2018.     350,000       350,000  
  Note payable to the City of Loveland paid off in May 2017     -       50,000  
        2,091,379       2,167,950  
  Less current portion     381,497       79,521  
  Long term debt   $ 1,709,881     $ 2,088,429  
Schedule of aggregate maturities of long-term debt
  2019     33,607  
  2020     35,857  
  2021     38,259  
  2022     44,344  
  2023     43,791  
  Thereafter     1,514,023  
        1,709,881