Company: SINT
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021930
Chunk: 13

Company: Sintx Technologies, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Item 8
Chunk 13
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     103  
     178 
  
    Other 
     453  
     408 
  
    Accrued
    other liabilities 
    $1,050  
    $986 

Other
current liabilities consisted of deposits for stock issuance of $1.8
million. The stock issuance is related to the 2025 Warrant Inducement (see Note 9), and the stock is held in abeyance, as of September 30, 2025.

    12

8.
Debt

Insurance
Premium Finance Arrangements

In
June 2024, in connection with securing commercial liability insurance, the Company entered into a Premium Finance Arrangement to extend
the premium payment out for a period of 10 months. The Company paid a total of $26,000 up front toward the insurance premium and financed
approximately $117,000. The Company made 10 equal payments under the terms of the Premium Finance Agreement. The Premium Finance Agreement
bears interest at an annual percentage rate of 8.75%. The loan was paid in full during the first quarter of 2025 and there was no outstanding
balance as of September 30, 2025.

In
March 2025, in connection with securing Director and Officer professional liability insurance, the Company entered into a Premium Finance
Arrangement to extend the premium payment out for a period of 10 months. The Company paid a total of $26,000 up front toward the insurance
premium and financed approximately $145,000. The Company will make 10 equal payments under the terms of the Premium Finance Agreement.
The Premium Finance Agreement bears interest at an annual percentage rate of 7.45%. The outstanding balance totaled $45,000 as of September
30, 2025.

In
May 2025, in connection with securing general liability insurance, the Company entered into a Premium Finance Arrangement to extend the
premium payment out for a period of 5 months. The Company paid a total of $14,000 up front toward the insurance premium and financed
approximately $21,000. The Company will make 3 equal payments under the terms of the Premium Finance Agreement. The Premium Finance Agreement
bears interest at an annual percentage rate of 11.15%. The outstanding balance totaled $14,000 as of September 30, 2025.

9.
Equity

2025
Warrant Inducement

On
September 8, 2025,