The Company recognized expenses related to the Term Loan 2024 as follows:
|
|
|
|
|
|
|
|
|
|
|
Year Ended April 30, |
|
|
|
2025 |
|
|
2024 |
|
Cash interest expense |
|
$ |
4,851 |
|
|
$ |
2,860 |
|
Amortization of the facility fee and legal fees |
|
|
874 |
|
|
|
271 |
|
Amortization of the debt discount recognized in connection with the warrant |
|
|
526 |
|
|
|
438 |
|
Interest expense paid-in-kind and applied to the Term Loan 2024 balance |
|
|
855 |
|
|
|
540 |
|
Total expense recognized related to the Term Loan 2024 |
|
$ |
7,106 |
|
|
$ |
4,109 |
|
The Company recognized expenses related to the Term Loan as follows:
|
|
|
|
|
|
|
|
|
|
|
Year Ended April 30, |
|
|
|
2025 |
|
|
2024 |
|
Cash interest expense |
|
$ |
— |
|
|
$ |
771 |
|
Amortization of the facility fee and legal fees |
|
|
— |
|
|
|
93 |
|
Amortization of the debt discount recognized in connection with the warrant |
|
|
— |
|
|
|
56 |
|
Interest expense paid-in-kind prior to the extinguishment of the Term Loan |
|
|
— |
|
|
|
1,141 |
|
Total expense recognized related to the Term Loan |
|
$ |
— |
|
|
$ |
2,061 |
|
|