Schedule of Long-term Debt |
Debt
consisted of the following (in thousands):
Schedule
of Long-term Debt
| |
| |
September
30, | |
| |
| |
2021 | | |
2020 | |
| |
| |
$ | 785 | | |
$ | 886 | |
Notes payable at 5.5%, matures January 2023 | |
(d)(1) | |
$ | 785 | | |
$ | 886 | |
Non-interest-bearing debts to State of Texas, mature March 2022 and May 2022, interest imputed at 9.6% | |
(d)(2) | |
| 813 | | |
| 2,177 | |
Note payable at 5.75%, matures December 2027, as amended | |
*(a)(6ii)(7) | |
| - | | |
| 9,715 | |
Note payable at 5.95%, matures December 2027, as amended | |
*(a)(6iii)(7) | |
| - | | |
| 5,787 | |
Note payable at 12%, matures February 2030, as amended | |
(d)(3)(25) | |
| - | | |
| 5,031 | |
Notes payable at 12%, mature November 2021, as amended | |
(d)(4)(26) | |
| - | | |
| 1,940 | |
Note payable at 8%,
matures October
2027, as amended | |
(b)(5)(23) | |
| 3,025 | | |
| 3,025 | |
Note payable at 8%, matures May 2029 | |
(b)(5) | |
| 11,549 | | |
| 12,599 | |
Note payable at 5.75%, matures December 2027, as amended | |
*(a)(6i)(7)(8)(9) | |
| - | | |
| 49,830 | |
Note payable at 5.99%, matures September 2033, as amended | |
(c) (10) | |
| 6,089 | | |
| 6,395 | |
Note payable at 5%, matures August 2029 | |
*(a)(12) | |
| - | | |
| 2,165 | |
Note payable at prime plus 0.5% with a 5.5% floor, matures September 2035, as amended | |
*(a)(13) | |
| - | | |
| 2,099 | |
Note payable initially at prime plus 0.5% with a 5.5% floor, matures September 2030 | |
*(a)(13) | |
| - | | |
| 2,861 | |
Note payable at 8%, matures May 2021 | |
(a)(14) | |
| - | | |
| 582 | |
Note payable at 5.95%, matures August 2039, as amended | |
*(a)(11) | |
| - | | |
| 6,979 | |
Note payable at 12%, matures February 2030, as amended | |
(d)(15)(24) | |
| - | | |
| 3,875 | |
Note payable at 9%, matures September 2028 | |
(a)(17) | |
| 1,063 | | |
| 1,167 | |
Note payable at 5.95%, matures September 2028, as amended | |
*(a)(16) | |
| - | | |
| 1,489 | |
Note payable at 6%, matures February 2040, as amended | |
*(a)(22) | |
| - | | |
| 4,066 | |
Note payable at 5.49%, matures March 2039, as amended | |
(c)(21) | |
| 2,075 | | |
| 2,125 | |
Note payable at 7%, matures November 2024 | |
(b)(19) | |
| - | | |
| 3,319 | |
Note payable at 7%, matures February 2021, as amended | |
(b)(20) | |
| - | | |
| 2,000 | |
Notes payable at 12%, mature November 2021 | |
(d)(18) | |
| - | | |
| 2,350 | |
Note payable at 8%, matures November 2028 | |
(b)(20) | |
| - | | |
| 4,790 | |
Note payable at 3.99%, matures January 2041 | |
*(a)(28) | |
| 2,127 | | |
| - | |
Note payable at 5.25%, matures September 2031 | |
*(a)(29) | |
| 99,146 | | |
| - | |
Paycheck Protection Program loans at 1%, matures May 2022 | |
(d)(27) | |
| 124 | | |
| 5,422 | |
Total debt | |
| |
| 126,796 | | |
| 142,674 | |
Less unamortized debt discount and issuance costs | |
| |
| (1,628 | ) | |
| (1,239 | ) |
Less current portion | |
| |
| (6,434 | ) | |
| (16,304 | ) |
Total long-term portion of debt, net | |
| |
$ | 118,734 | | |
$ | 125,131 | |
|
Schedule of Maturities of Long-term Debt |
Future
maturities of debt obligations as of September 30, 2021 consist of the following (in thousands):
Schedule
of Maturities of Long-term Debt
| |
Regular
Amortization | | |
Balloon
Payments | | |
Total
Payments | |
2022 | |
$ | 6,625 | | |
$ | - | | |
$ | 6,625 | |
2023 | |
| 4,825 | | |
| 3,676 | | |
| 8,501 | |
2024 | |
| 5,094 | | |
| - | | |
| 5,094 | |
2025 | |
| 5,409 | | |
| - | | |
| 5,409 | |
2026 | |
| 5,745 | | |
| - | | |
| 5,745 | |
Thereafter | |
| 33,145 | | |
| 62,277 | | |
| 95,422 | |
Total
maturities of long-term debt, net of debt discount | |
$ | 60,843 | | |
$ | 65,953 | | |
$ | 126,796 | |
|