Quarterly report pursuant to Section 13 or 15(d)

DEBT AND INTEREST EXPENSE (Tables)

v3.23.2
DEBT AND INTEREST EXPENSE (Tables)
6 Months Ended
Jun. 30, 2023
DEBT AND INTEREST EXPENSE  
Schedule of debt obligation

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June 30, 2023

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Net

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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

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$

58

​

$

9,942

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December 31, 2022

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Net

​

​

Principal

​

Unamortized

​

Carry

($’s in thousands)

    

Balance

    

Discount & Fees

    

Amount

Deferred cash payment

​

$

5,000

​

$

9

​

$

4,991

EWB Revolving LOC

​

 

2,948

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—

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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

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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

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$

399

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$

216

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$

932

​

$

377

Amortization/Accretion

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​

272

​

​

87

​

​

297

​

​

167

Imputed interest on acquired intangible assets

​

​

85

​

​

151

​

​

177

​

​

299

Total Interest Expense and Financing Fees

​

$

756

​

$

454

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$

1,406

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$

843