SINTX Technologies, 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, 2015

Outstanding long-term debt consisted of the following (in thousands):

	December 31, 2015									December 31, 2014
	Outstanding Principal			Unamortized Discount			Net Carrying Amount			Outstanding Principal			Unamortized Discount			Net Carrying Amount
Hercules Term Loan	$	17,051		$	(857	)	$	16,194		$	20,000		$	(930	)	$	19,070
Convertible Note		-			-			-			4,500			(1,439	)		3,061
Magna Note		763			-			763			-			-			-
Total debt		17,814			(857	)		16,957			24,500			(2,369	)		22,131
Less: Current portion		(17,814	)		857			(16,957	)		(20,000	)		930			(19,070	)
Long-term debt	$	-		$	-		$	-		$	4,500		$	(1,439	)	$	3,061

Future Principal Payments on Debt

The following summarizes by year the future principal payments on the Hercules Term Loan and the Magna August Note as of December 31, 2015 (in thousands):

	Hercules Term Loan		Magna Note		Total
Years Ending December 31,
2016	$	7,666	$	763	$	8,429
2017		8,567		-		8,567
2018		818		-		818
Total future principal payments	$	17,051	$	763	$	17,814