Debt Obligations (Tables)

9 Months Ended

Sep. 30, 2025

Long-term debt consisted of the following (in thousands):


	September 30, 2025		December 31, 2024
Notes payable	$	63,090	$	61,552
Unamortized original issue discount	(801)		(921)
Less: debt issuance costs	(979)		(1,127)
	$	61,310	$	59,504

Schedule of Future Minimum Principal Payments

Future minimum principal payments under the Term Loans as of September 30, 2025, were as follows (in thousands):


Year Ended December 31,
2025 (excluding the nine months ended September 30, 2025)	$	—
2026	—
2027	—
2028	—
2029	63,090
Total minimum payments	63,090
Less: unamortized debt discount, debt issuance costs and paid in kind interest	(1,780)
Long-term debt	$	61,310

- 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

ZEVRA THERAPEUTICS, INC. 10-Q