Stryve Foods, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Debt (Tables)

Debt (Tables)

12 Months Ended

Dec. 31, 2022

As of December 31, debt consisted of the following:




	2022			2021
Long-term debt	$	4,035,529		$	1,566,598
Short-term debt		724,639			2,000,000
Line of credit		1,257,301			3,500,000
Total notes payable		6,017,469			7,066,598
Less: current portion		(969,421	)		(3,447,056	)
Less: debt issuance costs		(305,369	)		—
Less: line of credit, net of debt issuance costs		(1,046,101	)		(3,500,000	)
Total notes payable, net of current portion	$	3,696,578		$	119,542

Future Minimum Principal Payments of Debt

Future minimum principal payments on the notes payable as of December 31, 2022:


2023	$	2,226,722
2024		336,453
2025		608,742
2026		1,194,434
2027		1,651,118
	$	6,017,469

- 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