Fathom Holdings Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

Debt (Tables)

6 Months Ended

Jun. 30, 2024

Total debt consisted of the following (amounts in thousands):


	June 30, 2024		December 31, 2023
3.75% Small Business Administration installment loan due May 2050	$	113	$	117
Convertible note payable, less unamortized costs of $79	3,332		3,372
Director and officer (D&O) insurance policy promissory note 1	89		179
Executive and officer (E&O) insurance policy promissory note 2	54		215
Total debt	3,588		3,883
Long-term debt, current portion	(3,497)		(416)
Long-term debt, net of current portion	$	91	$	3,467

(1) The D&O note carries a 6.85% interest rate and is payable quarterly with the last quarterly payment due in July 2024.

(2) The E&O note carries 13.5% interest rate and is payable monthly with the last monthly payment being due in August 2024.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details