Quarterly report pursuant to Section 13 or 15(d)

INTEREST EXPENSE AND FINANCING FEES

v3.22.1
INTEREST EXPENSE AND FINANCING FEES
3 Months Ended
Mar. 31, 2022
INTEREST EXPENSE AND FINANCING FEES  
INTEREST EXPENSE AND FINANCING FEES

NOTE 14. INTEREST EXPENSE AND FINANCING FEES

Interest expense and financing fees for the periods consisted of the following:

    

Three-month periods ended March 31, 

2022

2021

($'s in thousands)

    

Interest

    

Fees1

    

Total

    

Interest

    

Fees1

    

Total

Interest payments for EWB term loan

$

161

$

$

161

$

$

$

Amortiztion of term loan costs

14

14

Amortiztion of line of credit costs

11

11

Installment payments - licenses 2

 

148

 

 

148

 

221

 

 

221

Accretion of deferred payment

55

55

Total Interest Expense and Financing Fee

$

364

$

25

$

389

$

221

$

$

221

Note 1: Amortization of fees in connection with the Amended EWB Agreement.

Note 2: Imputed interest expense related to acquired intangible assets.