Assure Holdings Corp. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Notes Tables
Notes Details

DEBT - Debt Obligations (Details)

v3.21.2

DEBT - Debt Obligations (Details) $ / shares in Units, $ in Thousands		1 Months Ended	9 Months Ended
	Jun. 10, 2021 USD ($) D	Jul. 31, 2021	Sep. 30, 2021 USD ($)	Jun. 09, 2021 $ / shares shares	Mar. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Debt
Total debt			$ 10,451			$ 6,351
Less: Current portion						(4,100)
Long-term debt			10,451			2,251
Commitment fee (in percent)	2.25%
Commitment fee	$ 248
Common share purchase warrants \| shares				275,000
Shares per warrant \| shares				1
Warrant exercise price (in dollars per share) \| $ / shares				$ 7.55
Term of warrants				48 months
Central Bank line of credit
Debt
Total						1,978
Senior Term Loan
Debt
Maximum borrowing capacity	6,000
Senior Revolving Loan
Debt
Maximum borrowing capacity	$ 2,000
Number of business days prior to written notice of prepayment \| D	10
Minimum prepayment advances outstanding	$ 250
Percentage of aggregate advances outstanding	25.00%
Term of of written notice of company's intention to prepay	30 days
Term of interest	12 months
Senior Term Acquisition Line
Debt
Maximum borrowing capacity	$ 3,000
Central Bank Debt PPP promissory note
Debt
Total			1,665			4,100
Central Bank promissory note
Debt
Total						2,122
PPP promissory note
Debt
Total			1,665
Face amount					$ 1,700
Convertible debenture
Debt
Less: principal converted to common shares			(60)
Less: deemed fair value ascribed to conversion feature and warrants			1,523			1,523
Plus: accretion of implied interest			610			324
Total			2,477			2,251
Face amount			3,450			$ 3,450
Centurion debenture
Debt
Less: deemed fair value ascribed to conversion feature and warrants			(1,204)
Plus: accretion of implied interest			100
Less: net debt issuance costs			(587)
Total			8,000
Total debt			$ 6,309
Debenture with Maturity Date of June 9, 2025
Debt
Face amount	$ 11,000
Bearing interest rate	9.50%
Interest rate during period		1.50%
Interest on over due interest	3.00%
Royal Bank of Canada Prime Rate \| Debenture with Maturity Date of June 9, 2025
Debt
Variable rate	7.05%

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