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

Successor

    

LTD-A

    

LTD-C

    

LTD-D

    

LTD-E

    

Total

Balance at December 31, 2021

$

$

15,000,000

$

65,000,000

$

46,101

$

80,046,101

Issued in 2022

 

 

 

 

 

Principal Payments in 2022

 

 

 

 

(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

    

    

Interest

    

Total Cash

    

Principal

    

PIK

    

Cash Interest

    

Payments*

October 1, 2022 to December 31, 2022

$

$

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

    

Successor

    

September 30, 2022

    

December 31, 2021

Total Principal

$

80,000,000

$

80,046,101

Less: Current Portion of Long-Term Debt

 

 

(46,101)

Long Term Debt

$

80,000,000

$

80,000,000