Quarterly report pursuant to Section 13 or 15(d)

Notes Payable (Tables)

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Notes Payable (Tables)
6 Months Ended
Jun. 30, 2017
Debt Disclosure [Abstract]  
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