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v3.24.1.u1

Royalties Payable (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Royalties Payable |
summary of sales-based royalties |
Royalty Percentage |  |  | Until Royalty Payment Reaches a Total of |
4% |  |  | $ | 1,589,500 |
2% |  |  | $ | 3,179,000 |
1% |  |  | In perpetuity |
summary of roll forward of the royalty payable |
|  | 2024 |  |  | 2023 |
Beginning Balance, January 1, |  | $ | 6,974 |  |  | $ | — |
AMIGO royalty payable recognized in connection with the Merger |  |  | — |  |  |  | 160 |
LockeT royalty payable recognized in connection with the Merger |  |  | — |  |  |  | 7,432 |
Accretion of LockeT royalty payable |  |  | — |  |  |  | 513 |
Change in fair value of royalties payable |  |  | 86 |  |  |  | — |
Ending Balance, March 31, |  | $ | 7,060 |  |  | $ | 8,105 |

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- Definition Tabular disclosure of the change in other real estate on properties owned. Excludes real estate assets taken in settlement of troubled loans through surrender or foreclosure by banks. + References No definition available. + Details
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