Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt (Tables)

v3.22.2.2
Long-Term Debt (Tables)
9 Months Ended
Sep. 30, 2022
Long-Term Debt.  
Schedule of rollforward the long-term debt balances

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Successor

    

LTD-A

    

LTD-C

    

LTD-D

    

LTD-E

    

Total

Balance at December 31, 2021

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$

—

​

$

15,000,000

​

$

65,000,000

​

$

46,101

​

$

80,046,101

Issued in 2022

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—

​

 

—

​

 

—

​

 

—

​

 

—

Principal Payments in 2022

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—

​

 

—

​

 

—

​

 

(46,101)

​

 

(46,101)

Balance at September 30, 2022

​

$

—

​

$

15,000,000

​

$

65,000,000

​

$

—

​

$

80,000,000

Schedule of long tern debt fiscal maturity disclosures

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Interest

    

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Total Cash

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Principal

    

PIK

    

Cash Interest

    

Payments*

October 1, 2022 to December 31, 2022

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$

—

​

$

1,342,321

​

$

1,401,192

​

$

1,401,192

2023

​

 

—

​

 

5,624,513

​

 

5,675,461

​

 

5,675,461

2024

​

 

—

​

 

6,061,814

​

 

5,882,309

​

 

5,882,309

2025

​

 

65,000,000

​

 

6,274,526

​

 

19,518,225

​

 

84,518,225

2026

​

 

15,000,000

​

 

1,851,284

​

 

20,054,451

​

 

35,054,451

Total

​

$

80,000,000

​

$

21,154,458

​

$

52,531,638

​

$

132,531,638

*    Total Payments Cash and Non-Cash (PIK)

Schedule of total payments cash and non-Cash of interest

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Successor

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September 30, 2022

    

December 31, 2021

Total Principal

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$

80,000,000

​

$

80,046,101

Less: Current Portion of Long-Term Debt

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—

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(46,101)

Long Term Debt

​

$

80,000,000

​

$

80,000,000