| Schedule of Debt Obligations |
The Company’s debt
obligations are summarized below:
| |
|
September 30, 2019 |
|
|
December 31, 2018 |
|
| |
|
Principal |
|
|
Interest [1] |
|
|
Total |
|
|
Principal |
|
|
Interest [1] |
|
|
Total |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 2010 Debt Obligations |
|
$ |
- |
|
|
$ |
299,377 |
|
|
$ |
299,377 |
|
|
$ |
- |
|
|
$ |
279,735 |
|
|
$ |
279,735 |
|
| 2017 Notes |
|
|
1,170,354 |
|
|
|
143,777 |
|
|
|
1,314,131 |
|
|
|
1,251,854 |
|
|
|
75,013 |
|
|
|
1,326,867 |
|
| Gaucho Notes |
|
|
100,000 |
|
|
|
4,498 |
|
|
|
104,498 |
|
|
|
1,480,800 |
|
|
|
18,787 |
|
|
|
1,499,587 |
|
| Total Debt Obligations |
|
$ |
1,270,354 |
|
|
$ |
447,652 |
|
|
$ |
1,718,006 |
|
|
$ |
2,732,654 |
|
|
$ |
373,535 |
|
|
$ |
3,106,189 |
|
[1] Accrued interest is
included as a component of accrued expenses on the accompanying condensed consolidated balance sheets (see Note 6 – Accrued
Expenses).
|
Company’s debt obligations
as of December 31, 2018 and 2017 are summarized below:
| |
|
December 31, 2018 |
|
|
December 31, 2017 |
|
| |
|
Principal |
|
|
Interest [1] |
|
|
Total |
|
|
Principal |
|
|
Interest [1] |
|
|
Total |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 2010 Debt Obligations |
|
$ |
- |
|
|
$ |
279,735 |
|
|
$ |
279,735 |
|
|
$ |
- |
|
|
$ |
255,481 |
|
|
$ |
255,481 |
|
| Convertible Notes |
|
|
1,251,854 |
|
|
|
75,013 |
|
|
|
1,326,867 |
|
|
|
20,000 |
|
|
|
- |
|
|
|
20,000 |
|
| Gaucho Notes |
|
|
1,480,800 |
|
|
|
18,787 |
|
|
|
1,499,587 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Total Debt Obligations |
|
$ |
2,732,654 |
|
|
$ |
373,535 |
|
|
$ |
3,106,189 |
|
|
$ |
20,000 |
|
|
$ |
255,481 |
|
|
$ |
275,481 |
|
| |
[1] |
Accrued interest is included as a component of accrued expenses on the consolidated balance sheets. (See Note 9 – Accrued Expenses) |
|