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2304301 - Disclosure - Debt (Tables)
(http://lunainc.com/role/DebtTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Debt Disclosure [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Debt Disclosure [Abstract]
 
Summary of Debt Outstanding
The following table presents a summary of debt outstanding as of December 31, 2016 and 2015:
 
December 31,
 
2016
 
2015
Silicon Valley Bank Term Loans
$
4,291,666

 
$
6,125,000

Less: unamortized debt issuance costs
38,301

 

Less: current portion
1,833,333

 
1,833,333

Total long-term debt obligations
$
2,420,032

 
$
4,291,667

 
 
Maturities on Long-term Debt
Maturities on long-term debt are as follows:
Year
Amount
2017
$
1,833,333

2018
1,833,333

2019
625,000

Total
$
4,291,666

 
 
Schedule of Interest Expense
Interest expense for the years ended December 31, 2016 and 2015 consisted of the following:
 
Years ended December 31,
 
 
2016
 
2015
Interest expense on Term Loans
 
$
287,491

 
$
202,994

Amortization of debt issuance costs
 
16,308

 
9,072

Other interest expense
 
17,143

 
8,337

Total interest expense
 
$
320,942

 
$
220,403