Long-term debt, net (Tables)

3 Months Ended

Sep. 30, 2025


	September 30, 2025		June 30, 2025
Amended Credit Agreement - term loan	$	15,300,000	$	15,750,000
Notes payable		12,750,000		12,750,000
Amended Credit Agreement - revolving credit facility		8,575,000		—
Paid in-kind interest (PIK)		2,459,000		2,065,000
Machinery financing loans		214,000		231,000
	$	39,298,000	$	30,796,000
Less: unamortized debt issuance costs		(252,000)		(272,000)
Total debt	$	39,046,000	$	30,524,000
PIK included in accrued expenses and other current liabilities		(300,000)		(300,000)
Less current maturities		(1,895,000)		(1,870,000)
Long-term debt, net of current maturities	$	36,851,000	$	28,354,000

Schedule of combined aggregate maturities


Remainder of 2026	$	1,403,000
2027		1,861,000
2028		1,826,000
2029		34,162,000
2030		29,000
Thereafter		17,000
	$	39,298,000

- 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.

+ References

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+ Details

LENDWAY, INC. 10-Q