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

Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

Debt (Tables)

6 Months Ended

Jun. 30, 2022

Summary of Principal Outstanding and Unamortized Discount

The following table presents the details of the principal outstanding and unamortized discount (in thousands):


	June 30,			December 31,
	2022			2021
SWK Loan	$	13,300		$	14,300
EIDL Loan		150			150
Discount and debt issuance costs on SWK Loan		(720	)		(847	)
Total		12,730			13,603
Current term loans, net of discount		—			—
Non current term loans, net of discount	$	12,730		$	13,603

Summary of Future Minimum Principal and Interest Payments

The future minimum principal and interest payments as of June 30, 2022 are as follows (in thousands):


	Principal		Interest (1)
Remainder of 2022	$	—	$	725
2023		700		1,425
2024		2,800		1,242
2025		9,800		1,895
2026		—		9
2027 and thereafter		150		89
Total future payments	$	13,450	$	5,385

(1) Estimated using London Interbank Bank Offered Rate (“LIBOR”) as of June 30, 2022

- 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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+ Details