Quarterly report pursuant to Section 13 or 15(d)

Fair Value (Tables)

v3.21.2
Fair Value (Tables)
9 Months Ended
Sep. 30, 2021
Fair Value Disclosures [Abstract]  
Carrying and Fair Value Amounts
Carrying and Fair Value Amounts
  Level within fair value hierarchy September 30, 2021 December 31, 2020
Carrying
    Amount (1)
Fair Value
Carrying
    Amount (1)
Fair Value
Financial Assets:
Cash and cash equivalents Level 1 $ 15,091,957  $ 15,091,957  $ 99,596,907  $ 99,596,907 
Financing notes receivable (Note 6) Level 3 1,078,072  1,078,072  1,209,736  1,209,736 
Inventory Level 1 3,342,111  3,342,111  87,940  87,940 
Financial Liabilities:
Crimson secured credit facility - Term Loan Level 2 $ 74,572,333  $ 74,572,333  $ —  $ — 
Crimson secured credit facility - Revolver(2)
Level 2 27,108,218  27,108,218  —  — 
5.875% Unsecured Convertible Senior Notes
Level 2 115,501,404  110,167,802  115,008,130  84,409,292 
(1) The carrying value of debt balances are presented net of unamortized original issuance discount and debt issuance costs.
(2) The carrying value of the Crimson Revolver is presented net of unamortized debt issuance costs classified as an asset in deferred costs.