Journey Medical Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

DEBT AND INTEREST EXPENSE (Tables)

DEBT AND INTEREST EXPENSE (Tables)

6 Months Ended

Jun. 30, 2023

DEBT AND INTEREST EXPENSE

Schedule of debt obligation


June 30, 2023
								Net
		Principal			Unamortized			Carry
($’s in thousands)		Balance			Discount & Fees			Amount
EWB Term Loan (Short-term)		$	10,000		$	58		$	9,942
Total Debt & Obligations		$	10,000		$	58		$	9,942


December 31, 2022
								Net
		Principal			Unamortized			Carry
($’s in thousands)		Balance			Discount & Fees			Amount
Deferred cash payment		$	5,000		$	9		$	4,991
EWB Revolving LOC			2,948			—			2,948
Total Short-Term Debt		$	7,948		$	9		$	7,939
EWB Term Loan (Long-term)		$	20,000		$	174		$	19,826
Total Debt & Obligations		$	27,948		$	183		$	27,765

Schedule of interest expense and financing fees


		Three-Month Periods Ended June 30,						Six-Month Periods Ended June 30,
($’s in thousands)		2023			2022			2023			2022
Interest payments on EWB term loan and LOC		$	399		$	216		$	932		$	377
Amortization/Accretion			272			87			297			167
Imputed interest on acquired intangible assets			85			151			177			299
Total Interest Expense and Financing Fees		$	756		$	454		$	1,406		$	843