General form of registration statement for all companies including face-amount certificate companies

Long-term Debt (Tables)

v3.21.2
Long-term Debt (Tables) - Evolv Technologies Holdings, Inc.
6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Summary of components of long-term debt

The components of the Company’s long-term debt consisted of the following (in thousands):

    

June 30, 

    

December 31, 

2021

2020

Term loans payable

$

10,000

$

10,000

Revolving line of credit outstanding

 

5,422

 

3,550

Convertible note

 

32,802

 

3,000

Less: Unamortized discount

 

(70)

 

(118)

 

48,154

 

16,432

Less: Current portion of long-term debt

 

29,606

 

Long-term debt, net of discount

$

18,548

$

16,432

The components of the Company’s long-term debt consisted of the following (in thousands)

December 31, 

    

2020

    

2019

Term loans payable

$

10,000

$

3,419

Revolving line of credit outstanding

 

3,550

 

Convertible note

 

3,000

 

Less: Unamortized discount

 

(118)

 

 

16,432

 

3,419

Less: Current portion of long-term debt

 

 

(3,419)

Long-term debt, net of discount

$

16,432

$

Summary of future principal payments on long-term debt

As of June 30, 2021, future principal payments on long-term debt are as follows (in thousands):

Year Ending December 31,

    

    

2021 (remaining six months)

$

29,606

2022

 

7,421

2023

 

7,197

2024

 

4,000

$

48,224

As of December 31, 2020, future principal payments on long-term debt are as follows (in thousands):

Year Ending December 31:

    

2021

$

2022

 

5,883

2023

 

7,000

2024

 

3,667

$

16,550