December 31,
Interest rate at
($ in thousands)
2025
2024
December 31, 2025
Maturity
2024 Oaktree Note
$
29,789
35,350
11.6
%
June 2028
SWK Term Loan
25,000
14.1
Less: Discount on notes payable
(2,372)
(2,388)
Total notes payable, long term, net
52,417
57,962
Year Ended December 31,
Interest
Fees
Total
4,156
931
5,087
1,954
323
2,277
2020 Oaktree Note1
—
6,803
1,219
8,022
Partner company convertible preferred shares
(290)
90
(200)
Partner company notes payable
3,232
466
3,698
2,385
307
2,692
Partner company contingent call option accretion2
1,283
716
Other
38
20
Total Interest Expense and Financing Fee
8,709
1,397
10,106
11,588
1,939
13,527
Note 1:
Includes loss on extinguishment of debt of $3.6 million related to the payoff of the 2020 Oaktree Note on July 25, 2024.
Note 2:Relates to Urica’s optional repurchase obligation to Crystalys (see Note 3).
Tabular disclosure of interest expenses for debt arrangements.
No definition available.
Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.