Company: MFON
Filing Date: 2025-06-06
Form Type: 10-Q
Source: 0001641172-25-014006
Chunk: 64

Company: MOBIVITY HOLDINGS CORP.
Filing Date: 2025-06-06
Form: 10-Q
Item: Part I, Item 8
Chunk 64
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 discount rate:

 Schedule of Lessee, Operating Lease Liability

    Year ending December 31, 

    2025 
    $253,593 
  
    2026 
     344,241 
  
    2027 
     28,733 
  
    2028 
     — 
  
    2029 
     — 
  
    Thereafter 
     — 
  
    Total future lease payments 
     626,567 
  
    Less: imputed interest 
     (38,945)
  
    Total 
    $587,622 

Schedule
of Lease Cost

    Weighted Average Remaining Lease Term (years) 

    Operating leases 
     1.83 

    Weighted Average Discount Rate 

    Operating leases 
     6.75%

7. Notes Payable and Interest Expense

The following table presents details of our notes
payable as of March 31, 2025 and December 31, 2024:

Schedule
of Debt 

    Facility 
    Maturity 
    Interest Rate  
    Balance at March 31, 2025  
    Balance at December 31, 2024 
  
    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 Notes 
    various 
     15% 
     9,100,000  
     8,850,000 
  
    Convertible Notes 
    June 30,2026 
     8% 
     250,000  
     250,000 
  
    Related Party Senior Secured Convertible Notes 
    Various 
     8% 
     1,575,000  
     — 
  
    Senior Secured Convertible Notes 
    Various 
     8% 
     425,000  
     — 
  
    Total Notes Payable Principal 

     17,495,000  
     15,245,000 
  
    Less Total Debt Discount 

     (1,432,858) 
     (1,534,558)