Company: MFON
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001641172-25-002942
Chunk: 826

Company: MOBIVITY HOLDINGS CORP.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 6
Chunk 826
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    2026 
     344,241 
  
    2027 
     28,733 
  
    2028 
     — 
  
    2029 
     — 
  
    Thereafter 
     — 
  
    Total future lease payments 
     710,542 
  
    Less: imputed interest 
     (49,690)
  
    Total 
    $660,852 

Schedule
of Lease Cost

    Weighted Average Remaining Lease Term (years) 

    Operating leases 
     2.33 

    Weighted Average Discount Rate 

    Operating leases 
     6.75%

    -32-

8.
Notes Payable and Related Party Notes Payable

The
following table presents details of our notes payable as of December 31, 2024 and 2023:

Schedule
of Debt 

    Facility 
    Maturity 
    Interest Rate  
    December 31, 2024  
    December 31, 2023 
  
    ACOA Note 
    February 1, 2024 
     0% 
     —  
     7,154 
  
    Related Party Unsecured Promissory Note - Principal 
    July 31, 2026 
     15% 
     271,875  
     271,875 
  
    Related Party Secured Promissory Note 
    March 31, 2027 
     15% 
     5,873,125  
     5,873,125 
  
    Related Party Convertible Note 
    Various 
     8% 
     8,850,000  
     2,000,000 
  
    Convertible Notes 
    Various 
     8% 
     250,000  
     250,000 
  
    Total Notes Payable Principal 

     15,245,000  
     8,402,154 
  
    Less Total Debt Discount 

     (1,534,558) 
     (642,554)
  
    Total Debt 

     13,710,442  
     7,759,600 
  
    Less current portion 

     (2,315,703) 
     (3,079,654)
  
    Long-term debt, net of current portion 

    $11,394,739  
    $