| Carrying and Fair Value Amounts |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Carrying and Fair Value Amounts |
| |
Level within Fair Value Hierarchy |
|
December 31, 2021 |
|
December 31, 2020 |
|
|
Carrying Amount (1)
|
|
Fair Value |
|
Carrying Amount (1)
|
|
Fair Value |
| Financial Assets: |
|
|
|
|
|
|
|
|
|
| Cash and cash equivalents |
Level 1 |
|
$ |
12,496,478 |
|
|
$ |
12,496,478 |
|
|
$ |
99,596,907 |
|
|
$ |
99,596,907 |
|
|
|
|
|
|
|
|
|
|
|
| Financing notes receivable (Note 6) |
Level 3 |
|
1,036,660 |
|
|
1,036,660 |
|
|
1,209,736 |
|
|
1,209,736 |
|
| Inventory |
Level 1 |
|
3,953,523 |
|
|
3,953,523 |
|
|
87,940 |
|
|
87,940 |
|
|
|
|
|
|
|
|
|
|
|
| Financial Liabilities: |
|
|
|
|
|
|
|
|
| Crimson secured credit facility - Term Loan |
Level 2 |
|
72,724,757 |
|
|
72,724,757 |
|
|
— |
|
|
— |
|
Crimson secured credit facility - Revolver(2)
|
Level 2 |
|
$ |
26,266,330 |
|
|
$ |
26,266,330 |
|
|
$ |
— |
|
|
$ |
— |
|
|
|
|
|
|
|
|
|
|
|
5.875% Unsecured convertible senior notes |
Level 2 |
|
115,665,830 |
|
|
111,144,075 |
|
|
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. |
|