TILT Holdings Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Notes Payable (Tables)

Notes Payable (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of notes payable and debt issuance costs

Notes payable are as follows:


Notes Payable	December 31, 2022		December 31, 2021
Revolving Facility – Interest rate of 11.0% per annum as of December 31, 2022, due on July 21, 2023	$	10,722	$	9,719
2019 Senior Notes – Interest rate of 16.0% per annum, due on February 28, 2023		2,159		34,057
Junior Notes – Interest rate of 8.0% per annum, due on April 1, 2023		46,497		42,956
Other loans and borrowings		350		350
Total debt		59,728		87,082
Less: Debt issuance costs		—		(469)
Total notes payable	$	59,728	$	86,613

Schedule of future maturities

Future maturities of all notes payable as of December 31, 2022 are as follows:


Year ending December 31,	Amount
2023	$	59,378
2024		—
2025		—
2026		—
2027		—
2028 and thereafter		350
Total	$	59,728

- 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.

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