Akerna Corp. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Long Term Debt (Tables)

Long Term Debt (Tables)

12 Months Ended

Dec. 31, 2022

	As of December 31,
	2022			2021
Senior Convertible Notes (at fair value)	$	14,607,000		$	17,305,000
Less: current maturities		(13,200,000	)		(13,200,000	)
Total long-term debt, less current portion	$	1,407,000		$	4,105,000

Schedule of maturities of outstanding long-term debt obligations in subsequent years

Year ending December 31:
2023	$	13,200,000
2024		1,462,727
Aggregate maturities due		14,662,727
Original issue discount		(2,000,000	)
Cumulative unrealized change in fair value		1,944,273
Total debt outstanding at fair value	$	14,607,000

- 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.

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+ Details