v3.26.1
NOTES PAYABLE (Tables)
6 Months Ended
Jun. 30, 2026
NOTES PAYABLE  
Schedule of notes payable

 

 

(in thousands)

 

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Streeterville notes

 

$13,795

 

 

$-

 

Avondale secured promissory note

 

 

-

 

 

 

1,006

 

Insurance financing agreement

 

 

77

 

 

 

337

 

NJD Investments, LLC promissory note

 

 

83

 

 

 

248

 

SBA loans

 

 

150

 

 

 

150

 

Vehicle loans

 

 

97

 

 

 

136

 

Total Gross Debt

 

$14,202

 

 

$1,877

 

 

 

 

 

 

 

 

 

 

Less: debt discounts and issuance costs

 

 

(417 )

 

 

(221 )

Total Net Debt

 

$13,785

 

 

$1,656

 

Schedule maturities of long-term debt

Years Ending December 31,

 

Amount

 

2026 (remaining)

 

 

200

 

2027

 

 

13,852

 

2028

 

 

-

 

2029

 

 

-

 

2030

 

 

-

 

Thereafter

 

 

150

 

Total

 

$14,202