Interest paid during the three months ended June 30, 2025⁽²⁾

$

-

$

426,000

$

-

$

-

$

-

$

-

Interest expense during the six months ended June 30, 2025⁽²⁾

563,000

656,000

-

148,000

Change in fair value - three months ended June 30, 2025⁽²⁾

-

164,000

(4,000

)

24,000

(8,000

)

(121,000

)

Change in fair value - six months ended June 30, 2025⁽²⁾

(178,000

)

67,000

(6,000

)

24,000

(8,000

)

35,000

Debt issue costs ⁽¹⁾

180,000

125,000

-

7,000

-

Interest Rate / Discount rate

42%/42%

20%/42%

10%/42%

40%/42%