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Re: poster44ny post# 2393

Wednesday, 08/10/2022 3:32:38 PM

Wednesday, August 10, 2022 3:32:38 PM

Post# of 4301
To be accurate, here is what the last filed 10K said:

Substantial Current Debt

Excluding accrued interest, we had current debt of $61.1 million and $63.0 million, respectively, as of March 31, 2022 and December 31, 2021. Current debt consists of bank debt, investor debt, and related party debt. Substantial current debt is primarily the result of secured loan agreements being in default. As a result, these debt obligations were classified within the current portion of long-term debt on our consolidated balance sheets at March 31, 2022 and December 31, 2021.

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