Quantum Corporation 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

Mar. 31, 2024

The following table summarizes the Company's borrowing as of the dates presented (in thousands):


	Year Ended March 31,
	2024		2023		2022

Term Loan	$	87,942	$	74,667	$	98,723
PNC Credit Facility	26,604		16,750		17,735
Less: current portion	(109,100)		(5,000)		(4,375)
Less unamortized debt issuance costs(1)	(5,446)		(3,313)		(4,900)
Long-term debt, net	$	—	$	83,104	$	107,183

(1) The unamortized debt issuance costs related to the Term Loan are presented as a reduction of the carrying amount of the corresponding debt balance on the accompanying consolidated balance sheets. Unamortized debt issuance costs related to the PNC Credit Facility are presented within other assets on the accompanying consolidated balance sheets.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details