Quarterly report pursuant to Section 13 or 15(d)

Debt and Interest (Tables)

v3.5.0.2
Debt and Interest (Tables)
6 Months Ended
Jun. 30, 2016
Debt Disclosure [Abstract]  
Schedule Of Interest Expenses
Long-term debt to IDB, NSC and Helocyte consists of the following as of June 30, 2016 and December 31, 2015:
 
 
 
June 30,
 
December 31,
 
 
 
 
 
 
 
($ in thousands)
 
2016
 
2015
 
Interest rate
 
Maturity
 
IDB Note
 
$
14,009
 
$
14,009
 
 
2.25
%
 
Feb - 2017
 
NSC Note
 
 
7,208
 
 
10,000
 
 
8.00
%
 
Mar - 2018
 
Helocyte Convertible Note, at fair value
 
 
1,000
 
 
-
 
 
5.00% -8.00
%
 
Dec - 2017
 
Total notes payable, long-term
 
 
22,217
 
 
24,009
 
 
 
 
 
 
 
Less: Discount on notes payable
 
 
412
 
 
835
 
 
 
 
 
 
 
Total notes payable, long-term, net
 
$
21,805
 
$
23,174
 
 
 
 
 
 
 
Schedule Of Interest Expenses For Debt Arrangements
The following table shows the details of interest expense for all debt arrangements during the periods presented. Interest expense includes contractual interest and amortization of the debt discount and amortization of fees associated with loan transaction costs, amortized over the life of the loan:
 
 
 
For the Three Months
Ended June 30,
 
For the Six Months
Ended June 30,
 
($ in thousands)
 
2016
 
2015
 
2016
 
2015
 
IDB Note
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest
 
$
79
 
$
82
 
$
159
 
$
153
 
Amortization of fees
 
 
-
 
 
1
 
 
1
 
 
2
 
Total IDB Note
 
 
79
 
 
83
 
 
160
 
 
155
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
NSC Debt
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest
 
 
144
 
 
208
 
 
311
 
 
279
 
Amortization of fees
 
 
54
 
 
61
 
 
422
 
 
82
 
Total NSC Debt
 
 
198
 
 
269
 
 
733
 
 
361
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ovamed
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest
 
 
-
 
 
-
 
 
-
 
 
167
 
Total Ovamed
 
 
-
 
 
-
 
 
-
 
 
167
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
LOC Fees
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest
 
 
3
 
 
-
 
 
7
 
 
-
 
Total LOC
 
 
3
 
 
-
 
 
7
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Helocyte Convertible Note
 
 
 
 
 
 
 
 
 
 
 
 
 
Financing fees
 
 
249
 
 
-
 
 
249
 
 
-
 
Total LOC
 
 
249
 
 
-
 
 
249
 
 
-
 
Total Interest Expense
 
$
529
 
$
352
 
$
1,149
 
$
683