P3 Health Partners Inc. Quarterly report [Sections 13 or 15(d)]

Debt (Tables)

3 Months Ended

Mar. 31, 2025

Long-term debt consisted of the following:



	March 31, 2025		December 31, 2024
	(in thousands)
Repurchase promissory note, interest paid at 11.0%, due June 2026	$	15,000	$	15,000
Term loan facility, interest paid at 12.0%, due December 2025	65,000		65,000
VGS 1 promissory note, interest paid at 13.5%, due June 2028	38,057		38,057
VGS 2 promissory note, interest paid at 17.5%, due September 2027	25,375		25,375
VGS 3 promissory note, interest paid at 19.5%, due June 2028	25,375		25,375
VGS 4 promissory note, interest paid at 19.5%, due August 2028	30,450		—

Long-term debt, gross	199,257		168,807
Less: unamortized debt issuance costs and original issue discount	(28,136)		(13,983)
	171,121		154,824













Less: current portion of long-term debt	(65,000)		(65,000)
Long-term debt, net	$	106,121	$	89,824