| Carrying and Fair Value Amounts |
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| Carrying and Fair Value Amounts |
| |
Level within fair value hierarchy |
|
September 30, 2021 |
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December 31, 2020 |
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Carrying
Amount (1)
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|
Fair Value |
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Carrying
Amount (1)
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|
Fair Value |
| Financial Assets: |
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| Cash and cash equivalents |
Level 1 |
|
$ |
15,091,957 |
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|
$ |
15,091,957 |
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|
$ |
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 |
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| Inventory |
Level 1 |
|
3,342,111 |
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|
3,342,111 |
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|
87,940 |
|
|
87,940 |
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| Financial Liabilities: |
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| Crimson secured credit facility - Term Loan |
Level 2 |
|
$ |
74,572,333 |
|
|
$ |
74,572,333 |
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|
$ |
— |
|
|
$ |
— |
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Crimson secured credit facility - Revolver(2)
|
Level 2 |
|
27,108,218 |
|
|
27,108,218 |
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— |
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— |
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5.875% Unsecured Convertible Senior Notes |
Level 2 |
|
115,501,404 |
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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. |
|