Fortress Biotech, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

Property and Equipment (Tables)

6 Months Ended

Jun. 30, 2017

Property, Plant and Equipment [Line Items]

Fortress's property and equipment, exclusive of National's property and equipment, consisted of the following ($ in thousands):

	Estimated Useful		June 30,		December 31,
	Lives (in years)		2017		2016
Computer equipment		3	$	517	$	440
Furniture and fixtures		5		931		821
Leasehold improvements		Various		5,351		5,396
Total property and equipment				6,799		6,657
Less: accumulated depreciation				(801)		(445)
Property and equipment, net			$	5,998	$	6,212

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 represents fees associated with loan transaction costs, amortized over the life of the loan:

	For the Three Months Ended June 30,				For the Three Months Ended June 30,
($ in thousands)	2017		2016		2017		2016
IDB Note
Interest	$	87	$	79	$	169	$	159
Amortization of fees		-		-		-		1
Total IDB Note		87		79		169		160

NSC Debt
Interest		84		144		155		311
Amortization of fees		40		54		73		422
Total NSC Debt		124		198		228		733

NHLD Debt
Interest		406		-		406		-
Amortization of fees		175		-		175		-
Total NHLD Debt		581		-		581		-

Opus Credit Facility
Interest		276		-		508		-
Amortization of fees		241		-		454		-
Total Opus Note		517		-		962		-

LOC Fees
Interest		7		3		15		7
Total LOC		7		3		15		7

Helocyte Convertible Note
Interest		57		-		111		-
Financing fee		-		249		1		249
Total Helocyte Convertible Note		57		249		112		249

Avenue Convertible Note
Interest		5		-		5		-
Financing fee		-		-		3		-
Total Helocyte Convertible Note		5		-		8		-

D&O Insurance
Interest		2		-		3		-
Total D&O Insurance		2		-		3		-
Total Interest Expense and Financing Fee	$	1,380	$	529	$	2,078	$	1,149

National Holdings Corporation [Member]

Property, Plant and Equipment [Line Items]

Schedule Of Interest Expenses For Debt Arrangements

National's property and equipment as of March 31, 2017 consisted of the following ($ in thousands):

	March 31,		Estimated Useful
	2017		Lives (in years)
Equipment	$	861	5
Furniture and fixtures		82	5
Leasehold improvements		335	Lesser of useful life or term of lease
Capital leases (primarily composed of computer equipment)		276	5
Total property and equipment		1,554
Less: accumulated depreciation		(223)
Property and equipment, net	$	1,331