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)

9 Months Ended

Sep. 30, 2022

DEBT

Schedule of debt


(in thousands)		September 30, 2022			December 31, 2021
Short-term borrowings		$	14,525		$	676
Term loan, current portion of long-term debt			1,050			1,050
Current debt		$	15,575		$	1,726

Term loan, noncurrent portion of long-term debt		$	24,056		$	32,900
Debt discount			(641)			(791)
Unamortized deferred financing costs			(1,606)			(1,781)
Long-term debt, net		$	21,809		$	30,328

Total debt, net		$	37,384		$	32,054

Schedule of deferred financing costs amortized to Interest Expense


		Three Months Ended September 30,						Nine Months Ended September 30,
(in thousands)		2022			2021			2022			2021
Term loan		$	125		$	113		$	350		$	338
Debt discount on term loan			50			50			150			150
Revolving credit facility			96			96			286			286
Total		$	271		$	259		$	786		$	774

Schedule of unamortized deferred financing costs


(in thousands)		Location		September 30, 2022			December 31, 2021
Term loan		Long-term debt, net		$	1,606		$	1,781
Debt discount on term loan		Long-term debt, net			641			791
Revolving credit facility		Other long-term assets			1,223			1,509
Total				$	3,470		$	4,081