| Schedule of Notes Payable |
| |
|
June 30, 2017 |
|
|
December 31, 2016 |
|
| Vendors Notes (Unsecured) |
|
|
|
|
|
|
|
|
| Long term vendor Notes (“Vendor Notes”) issued to settle litigation bearing interest rates between 0% and 6% per annum. Terms range from 1 to 48 months. |
|
$ |
3,613 |
|
|
|
1,337 |
|
| |
|
|
|
|
|
|
|
|
| Other Notes Payable |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| Notes refinanced in conjunction with the senior debt |
|
|
- |
|
|
|
5,094 |
|
| Less deferred financing costs |
|
|
- |
|
|
|
(926 |
) |
| Total other notes payable, net |
|
|
- |
|
|
|
4,168 |
|
| |
|
|
|
|
|
|
|
|
| Notes payable bearing interest at a stated rate between 10% and 12% per annum. Terms range from 1 to 12 months. |
|
|
3,110 |
|
|
|
2,000 |
|
| |
|
|
|
|
|
|
|
|
| Unsecured Notes Issued in Connection with Benchmark Acquisition |
|
|
|
|
|
|
|
|
| Series A Convertible Notes |
|
|
12,500 |
|
|
|
- |
|
| Series B Notes |
|
|
30,000 |
|
|
|
- |
|
| Series C Notes |
|
|
7,500 |
|
|
|
- |
|
| Total notes issued in connection with Benchmark acquisition |
|
|
50,000 |
|
|
|
- |
|
| Equipment Notes |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| Obligations under 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. |
|
|
838 |
|
|
|
961 |
|
| 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 36 to 72 months. |
|
|
1,432 |
|
|
|
1,508 |
|
| Total Notes payables |
|
$ |
58,993 |
|
|
$ |
9,974 |
|
| Less: Current portion |
|
$ |
(12,012 |
) |
|
$ |
(3,444 |
) |
| Total Notes non-current portion |
|
$ |
46,981 |
|
|
$ |
6,530 |
|
|
| Schedule of Principal Payments for Borrowings |
The required principal payments for all borrowings
for each of the five years following the balance sheet date are as follows:
| 2017 (Remaining) |
|
$ |
5,052 |
|
| 2018 |
|
|
9,782 |
|
| 2019 |
|
|
13,152 |
|
| 2020 |
|
|
30,532 |
|
| 2021 |
|
|
334 |
|
| Thereafter |
|
|
141 |
|
| Total |
|
$ |
58,993 |
|
|