|
Outstanding promissory notes, obligations under
capital leases and other notes payable consist of the following:
| |
|
December 31, |
|
| |
|
2018 |
|
|
2017 |
|
| |
|
|
|
|
|
|
| Notes payable bearing interest at stated rates between 4% and 12% per annum. Terms range from 3 to 36 months |
|
$ |
3,019 |
|
|
$ |
3,404 |
|
| Obligations under capital leases, bearing interest rates between 4.1% and 8.2% per annum, secured by equipment having a value that approximates the debt value. Terms range from 48 to 60 months. |
|
|
320 |
|
|
|
695 |
|
| Various Equipment notes, bearing interest rates between 2% and 41% per annum, secured by equipment having a value that approximates the debt value. Terms range from 30 to 72 months |
|
|
1,189 |
|
|
|
1,425 |
|
| Total Notes Payables |
|
|
4,528 |
|
|
|
5,524 |
|
| Less: Original issue discount and deferred financing costs |
|
|
— |
|
|
|
(25 |
) |
| Notes payable, net of original issue discount and deferred financing costs |
|
|
4,528 |
|
|
|
5,499 |
|
| Less: Current portion |
|
|
(3,260 |
) |
|
|
(3,669 |
) |
| Total Notes non-current portion |
|
$ |
1,268 |
|
|
$ |
1,830 |
|
|