Williams Industrial Services Group Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

DEBT (Tables)

DEBT (Tables)

6 Months Ended

Jun. 30, 2022

DEBT

Schedule of debt


(in thousands)		June 30, 2022			December 31, 2021
Short-term borrowings		$	10,223		$	676
Term loan, current portion of long-term debt			1,050			1,050
Current debt		$	11,273		$	1,726

Term loan, noncurrent portion of long-term debt		$	32,375		$	32,900
Debt discount			(691)			(791)
Unamortized deferred financing costs			(1,556)			(1,781)
Long-term debt, net		$	30,128		$	30,328

Total debt, net		$	41,401		$	32,054

Schedule of deferred financing costs amortized to Interest Expense


		Three Months Ended June 30,						Six Months Ended June 30,
(in thousands)		2022			2021			2022			2021
Term loan		$	112		$	112		$	225		$	225
Debt discount on term loan			50			50			100			100
Revolving credit facility			95			95			190			190
Total		$	257		$	257		$	515		$	515

Schedule of unamortized deferred financing costs


(in thousands)		Location		June 30, 2022			December 31, 2021
Term loan		Long-term debt, net		$	1,556		$	1,781
Debt discount on term loan		Long-term debt, net			691			791
Revolving credit facility		Other long-term assets			1,319			1,509
Total				$	3,566		$	4,081