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v3.22.1

LONG-TERM DEBT (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2022
LONG-TERM DEBT |
Schedule Of Long-term Debt |
|  | Outstanding Balance |  |  |  |  |  |  |
|  | March 31, |  |  | December 31, |  |  | Current |  |  |  |
|  | 2022 |  |  | 2021 |  |  | Interest Rate |  |  | Maturity |
DGSE |  |  |  |  |  |  |  |  |  |  |  |
Note payable, Farmers Bank (1) |  | $ | 2,745,186 |  |  | $ | 2,770,729 |  |  |  | 3.10 | % |  | November 15, 2026 |
Note payable, Truist Bank (2) |  |  | 900,436 |  |  |  | 909,073 |  |  |  | 3.65 | % |  | July 9, 2030 |
Note payable, Texas Bank & Trust (3) |  |  | 469,556 |  |  |  | 474,009 |  |  |  | 3.75 | % |  | September 14, 2025 |
Note payable, Texas Bank & Trust (4) |  |  | 1,737,081 |  |  |  | 1,752,446 |  |  |  | 3.25 | % |  | July 30, 2031 |
DGSE Sub-Total |  |  | 5,852,259 |  |  |  | 5,906,257 |  |  |  |  |  |  |  |
ECHG |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Note payable, Farmers Bank (1) |  |  | 6,228,505 |  |  |  | 6,286,459 |  |  |  | 3.10 | % |  | November 15, 2026 |
Line of Credit (5) |  |  | - |  |  |  | 1,700,000 |  |  |  | 3.10 | % |  | November 15, 2024 |
Avail Transaction note (6) |  |  | 1,933,333 |  |  |  | 2,000,000 |  |  |  | 0.00 | % |  | April 1, 2025 |
ECHG Sub-Total |  |  | 8,161,838 |  |  |  | 9,986,459 |  |  |  |  |  |  |  |
Envela |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Note payable, Texas Bank & Trust (7) |  |  | 2,815,759 |  |  |  | 2,843,415 |  |  |  | 3.25 | % |  | November 4, 2025 |
Sub-Total |  |  | 16,829,856 |  |  |  | 18,736,131 |  |  |  |  |  |  |  |
Current portion |  |  | 1,003,592 |  |  |  | 2,120,457 |  |  |  |  |  |  |  |
|  | $ | 15,826,264 |  |  | $ | 16,615,674 |  |  |  |  |  |  |  |
Schedule Of Long-term Debt Maturities Of Principal Payments |
Note payable, Farmers State Bank - DGSE |  |  |
Year Ending December 31, |  | Amount |
2022 (excluding the three months ended March 31, 2022) |  | $ | 76,667 |
2023 |  |  | 105,428 |
2024 |  |  | 108,743 |
2025 |  |  | 112,163 |
2026 |  |  | 2,342,185 |
Subtotal |  | $ | 2,745,186 |
Note payable, Truist Bank - DGSE |  |  |  |
Year Ending December 31, |  | Amount |
2022 (excluding the three months ended March 31, 2022) |  | $ | 26,018 |
2023 |  |  | 35,988 |
2024 |  |  | 37,342 |
2025 |  |  | 38,748 |
2026 |  |  | 40,206 |
Thereafter |  |  | 722,134 |
Subtotal |  | $ | 900,436 |
Note payable, Texas Bank & Trust - DGSE |  |  |  |
Year Ending December 31, |  | Amount |
2022 (excluding the three months ended March 31, 2022) |  | $ | 13,370 |
2023 |  |  | 18,503 |
2024 |  |  | 19,209 |
2025 |  |  | 418,474 |
Subtotal |  | $ | 469,556 |
Note payable, Texas Bank & Trust - DGSE |  |  |  |
Year Ending December 31, |  | Amount |
2022 (excluding the three months ended March 31, 2022) |  | $ | 52,616 |
2023 |  |  | 72,442 |
2024 |  |  | 74,832 |
2025 |  |  | 77,300 |
2026 |  |  | 79,600 |
Thereafter |  |  | 1,380,291 |
Subtotal |  | $ | 1,737,081 |
Note payable, Farmers Bank - ECHG |  |  |  |
Year Ending December 31, |  | Amount |
2022 (excluding the three months ended March 31, 2022) |  | $ | 173,949 |
2023 |  |  | 239,204 |
2024 |  |  | 246,725 |
2025 |  |  | 254,484 |
2026 |  |  | 5,314,143 |
Subtotal |  | $ | 6,228,505 |
Note payable - Avail Transaction |  |  |  |
Year Ending December 31, |  | Amount |
2022 (excluding the three months ended March 31, 2022) |  | $ | 433,333 |
2023 |  |  | 666,667 |
2024 |  |  | 666,667 |
2025 |  |  | 166,666 |
Subtotal |  | $ | 1,933,333 |
Note payable, Texas Bank & Trust - Envela |  |  |  |
Year Ending December 31, |  | Amount |
2022 (excluding the three months ended March 31, 2022) |  | $ | 82,078 |
2023 |  |  | 112,653 |
2024 |  |  | 116,441 |
2025 |  |  | 2,504,587 |
Subtotal |  | $ | 2,815,759 |
|  | $ | 16,829,856 |
|  | Scheduled |  |  |  |  |  |  |
|  | Principal |  |  | Loan |  |  |  |
Scheduled Principal Payments and Maturities by Year: |  | Payments |  |  | Maturities |  |  | Total |
2022 (excluding the three months ended March 31, 2022) |  | $ | 858,031 |  |  | $ | - |  |  | $ | 858,031 |
2023 |  |  | 1,250,885 |  |  |  | - |  |  |  | 1,250,885 |
2024 |  |  | 1,269,959 |  |  |  | - |  |  |  | 1,269,959 |
2025 |  |  | 595,940 |  |  |  | 2,976,482 |  |  |  | 3,572,422 |
2026 |  |  | 434,243 |  |  |  | 7,341,891 |  |  |  | 7,776,134 |
2027 and Thereafter |  |  | 555,443 |  |  |  | 1,546,982 |  |  |  | 2,102,425 |
Total |  | $ | 4,964,501 |  |  | $ | 11,865,355 |  |  | $ | 16,829,856 |

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