Quarterly report pursuant to Section 13 or 15(d)

DEBT AND INTEREST EXPENSE (Tables)

v3.23.3
DEBT AND INTEREST EXPENSE (Tables)
9 Months Ended
Sep. 30, 2023
DEBT AND INTEREST EXPENSE  
Schedule of debt obligation

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 September 30,

 

Nine-Month Periods Ended September 30,

($’s in thousands)

    

2023

    

2022

    

2023

    

2022

Interest payments on EWB term loan and LOC

$

34

$

333

$

967

$

710

Amortization/Accretion

58

90

354

257

Imputed interest on acquired intangible assets

176

136

353

435

Total Interest Expense and Financing Fees

$

268

$

559

$

1,674

$

1,402