| Schedule of Long-term Liabilities |
Long-term liabilities consisted of the following at:
|
|
|
|
|
|
|
|
|
|
|
March 31, |
|
|
December 31, |
|
|
|
2023 |
|
|
2022 |
|
Fortress credit agreement |
|
$ |
58,626,929 |
|
|
$ |
59,400,000 |
|
Insurance notes payable |
|
|
213,744 |
|
|
|
340,084 |
|
Long-term debt and liabilities, gross |
|
|
58,840,673 |
|
|
|
59,740,084 |
|
Less: Unamortized debt issuance costs |
|
|
(5,468,891 |
) |
|
|
(5,839,228 |
) |
Long-term debt and liabilities, net of debt issuance costs |
|
|
53,371,782 |
|
|
|
53,900,856 |
|
Less: Current portion of long-term debt |
|
|
(813,744 |
) |
|
|
(940,084 |
) |
Long-term debt and liabilities, net |
|
$ |
52,558,038 |
|
|
$ |
52,960,772 |
|
|
| Schedule of Future Maturities of Long-term Liabilities |
As of March 31, 2023, future maturities of our long-term liabilities are as follows:
|
|
|
|
|
|
|
Total |
|
Years ended December 31, |
|
|
|
2023 |
|
$ |
663,744 |
|
2024 |
|
|
600,000 |
|
2025 |
|
|
600,000 |
|
2026 |
|
|
56,976,929 |
|
Long-term liabilities, gross |
|
$ |
58,840,673 |
|
|