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)

9 Months Ended

Sep. 30, 2024

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


	September 30, 2024		December 31, 2023
3.75% Small Business Administration installment loan due May 2050	$	111	$	117
Convertible note payable, less unamortized costs of $79	8,392		3,372
Director and officer (D&O) insurance policy promissory note 1	203		179
Executive and officer (E&O) insurance policy promissory note 2	54		215
Total debt	8,760		3,883
Long-term debt, current portion	(3,671)		(416)
Long-term debt, net of current portion	$	5,089	$	3,467

(1) The D&O note carries a 7.35% interest rate and is payable quarterly with the last quarterly payment due in April 2025.

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