InfuSystem Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Cover
- Audit Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Debt (Tables)

v3.22.0.1

Debt (Tables)

12 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Schedule of Line of Credit Facilities

The following table illustrates the net availability under the revolving credit facilities as of the applicable balance sheet date (in thousands):


	December 31, 2021		December 31, 2020
Revolving Facility:
Gross availability	$	75,000	$	11,750
Outstanding draws	(32,974)		—
Letters of credit	(600)		(800)
Landlord reserves	—		(162)
Availability on Revolving Facility	$	41,426	$	10,788

Schedule of Maturities of Long-term Debt

The Company had future maturities of its long-term debt as of December 31, 2021 as follows (in thousands):


	2022		2023		2024		2025		2026		2027 and thereafter		Total
Revolving Facility	$	—	$	—	$	—	$	—	$	32,974	$	—	$	32,974
Other financing	423		—		—		—		—		—		423
Total	$	423	$	—	$	—	$	—	$	32,974	$	—	$	33,397

Schedule of Debt

The following is a breakdown of the Company’s current and long-term debt (in thousands):


	December 31, 2021						December 31, 2020
	Current Portion		Long-Term Portion		Total		Current Portion		Long-Term Portion		Total
Revolving Facility	$	—	$	32,974	$	32,974	$	—	$	—	$	—
Term loan	—		—		—		4,615		17,305		21,920
Equipment line	—		—		—		1,600		4,400		6,000
2019 equipment line	—		—		—		2,500		7,500		10,000
Other financing	423		—		423		725		222		947
	423		32,974		33,397		9,440		29,427		38,867
Unamortized value of debt issuance costs	(74)		(226)		(300)		(17)		(49)		(66)
Total	$	349	$	32,748	$	33,097	$	9,423	$	29,378	$	38,801

- References

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Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

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Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19(b),22(b))
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Tabular disclosure of maturity and sinking fund requirement for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601

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