Indebtedness

9 Months Ended

Sep. 30, 2023

Indebtedness

Indebtedness

13. Indebtedness

As a result of the acquisition of VCN the Company acquired interest-free or below-market interest rates loans (0%-1%) extended by Spanish governmental institutions of Ministerio de Ciencia, Innovacion y Universidades and ACC10 Generalitat de Catalunya (CDIT loans). The maturities of these loans are between 2024 and 2028. As a result of the VCN Acquisition, the Company maintains a restricted cash collateral account of $97,000 relating to the RETOS loan, which is reflected as a non-current asset on the balance sheet.

	September 30, 2023		September 30, 2023		December 31, 2022		December 31, 2022
	Current		Non-current		Current		Non-current
NEBT Loan		8	$	24		13		31
RETOS 2015		57		126		44		190
	$	65	$	150	$	57	$	221

A maturity analysis of the debt as of September 30, 2023 is as follows (amounts in thousands of dollars):

2024	65
2025	59
2026	49
2027	32
2028	10
Total	215