{ "schema": "aic.financing-availability/1", "researchDate": "2026-10-04", "unit": "USD", "issuerCalibrated": false, "roles": "Laboratory and lease recipient are modeled separately. Cash lenders and equity investors are outside this perimeter. A chip vendor is not silently identified with the lessor or lender.", "scenarios": [ { "id": "scheduled_open", "inputs": { "evidenceClass": "hypothetical", "unit": "USD", "opening": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "currentReceipts": 5000000, "currentLabCost": 7000000, "currentLessorCost": 18000000, "futureReceipts": 50000000, "futureLabCost": 7000000, "futureLessorCost": 15000000, "dueNow": 20000000, "dueLater": 30000000, "restrictedApplicationRequest": 0, "restrictedApplicationAllowed": false, "equityCash": 0, "premium": 0, "premiumRecipient": "lessor", "annualRate": 0.12, "principalSettlement": "cash", "conversionPrice": 100, "existingShares": 4000000, "facility": { "cap": 60000000, "alreadyUsed": 0, "request": 20000000, "permission": true, "settlesByDueDate": true, "form": "cash", "cashFundingCapacity": 60000000, "noteAcceptedForDischarge": false } }, "labBeforeLease": 10000000, "restrictedApplied": 0, "financing": { "amount": 20000000, "reason": "conditional scenario amount available", "headroom": 60000000, "cashProceeds": 20000000, "noncashLeaseCredit": 0 }, "actualIssuerAmounts": false, "status": "hypothetical_complete_schedule", "currentFundable": { "unfundedEssentialCosts": 0, "leaseDischarged": 20000000, "leaseStillUnfunded": 0, "cashToLessor": 20000000, "lessorCashGapAtCurrentDeadline": 0, "interpretation": "Known funds only, essential costs and premium first. Do not add this recipient gap to the lab buffer: lab support can fund the same payment." }, "interest": 394521, "plan": { "rows": [ { "id": "EQUITY-FUNDED", "date": "2027-01-01", "order": 0, "kind": "external", "account": "lab", "sign": 1, "amount": 0, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 26000000, "externalNet": 0 }, { "id": "CURRENT-CUSTOMER-RECEIPTS", "date": "2027-01-31", "order": 1, "kind": "external", "account": "lab", "sign": 1, "amount": 5000000, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 31000000, "externalNet": 5000000 }, { "id": "CURRENT-LAB-COST", "date": "2027-01-31", "order": 2, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "REDESIGN-PREMIUM", "date": "2027-01-31", "order": 3, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "PERMITTED-RESERVE-APPLICATION", "date": "2027-01-31", "order": 4, "kind": "transfer", "from": "restricted", "to": "lessor", "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "LOAN-CASH-RECEIVED", "date": "2027-01-31", "order": 5, "kind": "external", "account": "lab", "sign": 1, "amount": 20000000, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 30000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 44000000, "externalNet": 18000000 }, { "id": "LEASE-CASH-NOW", "date": "2027-01-31", "order": 6, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 20000000, "before": { "lab": 30000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 26000000 }, "totalCash": 44000000, "externalNet": 18000000 }, { "id": "CURRENT-LESSOR-COST", "date": "2027-01-31", "order": 7, "kind": "external", "account": "lessor", "sign": -1, "amount": 18000000, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 26000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 8000000 }, "totalCash": 26000000, "externalNet": 0 }, { "id": "FUTURE-CUSTOMER-RECEIPTS", "date": "2027-03-02", "order": 8, "kind": "external", "account": "lab", "sign": 1, "amount": 50000000, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 8000000 }, "after": { "lab": 60000000, "restricted": 8000000, "lessor": 8000000 }, "totalCash": 76000000, "externalNet": 50000000 }, { "id": "FUTURE-LAB-COST", "date": "2027-03-02", "order": 9, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 60000000, "restricted": 8000000, "lessor": 8000000 }, "after": { "lab": 53000000, "restricted": 8000000, "lessor": 8000000 }, "totalCash": 69000000, "externalNet": 43000000 }, { "id": "LEASE-CASH-LATER", "date": "2027-03-02", "order": 10, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 30000000, "before": { "lab": 53000000, "restricted": 8000000, "lessor": 8000000 }, "after": { "lab": 23000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 69000000, "externalNet": 43000000 }, { "id": "FUTURE-LESSOR-COST", "date": "2027-03-02", "order": 11, "kind": "external", "account": "lessor", "sign": -1, "amount": 15000000, "before": { "lab": 23000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 23000000, "restricted": 8000000, "lessor": 23000000 }, "totalCash": 54000000, "externalNet": 28000000 }, { "id": "OUTSIDE-LOAN-REPAYMENT", "date": "2027-04-01", "order": 12, "kind": "external", "account": "lab", "sign": -1, "amount": 20394521, "before": { "lab": 23000000, "restricted": 8000000, "lessor": 23000000 }, "after": { "lab": 2605479, "restricted": 8000000, "lessor": 23000000 }, "totalCash": 33605479, "externalNet": 7605479 } ], "closing": { "lab": 2605479, "restricted": 8000000, "lessor": 23000000 }, "minimum": { "lab": 2605479, "restricted": 8000000, "lessor": 6000000 }, "firstGap": { "lab": null, "restricted": null, "lessor": null }, "additionalPrefundedCash": { "lab": 0, "lessor": 0 }, "totalExternalNet": 7605479, "totalCash": 33605479, "interpretation": "Full-obligation cash requirements. New prefunded support is not actually supplied. No automatic sharing of party cash or funding cost for an unresolved buffer." }, "ownership": { "newShares": 0, "postIssueOwnership": 0, "scope": "Mechanical share count with one share class and no other dilution; not an economic cost or valuation estimate." }, "debt": { "newPrincipal": 20000000, "cashRaised": 20000000, "noncashLeaseDischarge": 0, "principalRepaid": 20000000, "principalConverted": 0 }, "cashScheduleFunded": true, "limits": "No default is inferred from a projected gap. Recipient receipts in the full plan require payer funding. Conversion requires a separately assumed right and acceptance; it raises no new cash. Solvency and commercial consent are not modeled." }, { "id": "accelerated_closed", "inputs": { "evidenceClass": "hypothetical", "unit": "USD", "opening": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "currentReceipts": 5000000, "currentLabCost": 7000000, "currentLessorCost": 18000000, "futureReceipts": 50000000, "futureLabCost": 7000000, "futureLessorCost": 15000000, "dueNow": 50000000, "dueLater": 0, "restrictedApplicationRequest": 0, "restrictedApplicationAllowed": false, "equityCash": 0, "premium": 0, "premiumRecipient": "outside", "annualRate": 0.12, "principalSettlement": "cash", "conversionPrice": 100, "existingShares": 4000000, "facility": { "cap": 60000000, "alreadyUsed": 0, "request": 50000000, "permission": false, "settlesByDueDate": true, "form": "cash", "cashFundingCapacity": 60000000, "noteAcceptedForDischarge": false } }, "labBeforeLease": 10000000, "restrictedApplied": 0, "financing": { "amount": 0, "reason": "permission closed", "headroom": 60000000, "cashProceeds": 0, "noncashLeaseCredit": 0 }, "actualIssuerAmounts": false, "status": "hypothetical_complete_schedule", "currentFundable": { "unfundedEssentialCosts": 0, "leaseDischarged": 10000000, "leaseStillUnfunded": 40000000, "cashToLessor": 10000000, "lessorCashGapAtCurrentDeadline": 2000000, "interpretation": "Known funds only, essential costs and premium first. Do not add this recipient gap to the lab buffer: lab support can fund the same payment." }, "interest": 0, "plan": { "rows": [ { "id": "EQUITY-FUNDED", "date": "2027-01-01", "order": 0, "kind": "external", "account": "lab", "sign": 1, "amount": 0, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 26000000, "externalNet": 0 }, { "id": "CURRENT-CUSTOMER-RECEIPTS", "date": "2027-01-31", "order": 1, "kind": "external", "account": "lab", "sign": 1, "amount": 5000000, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 31000000, "externalNet": 5000000 }, { "id": "CURRENT-LAB-COST", "date": "2027-01-31", "order": 2, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "STANDBY-PREMIUM", "date": "2027-01-31", "order": 3, "kind": "external", "account": "lab", "sign": -1, "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "PERMITTED-RESERVE-APPLICATION", "date": "2027-01-31", "order": 4, "kind": "transfer", "from": "restricted", "to": "lessor", "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "LOAN-CASH-RECEIVED", "date": "2027-01-31", "order": 5, "kind": "external", "account": "lab", "sign": 1, "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "LEASE-CASH-NOW", "date": "2027-01-31", "order": 6, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 50000000, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": -40000000, "restricted": 8000000, "lessor": 56000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "CURRENT-LESSOR-COST", "date": "2027-01-31", "order": 7, "kind": "external", "account": "lessor", "sign": -1, "amount": 18000000, "before": { "lab": -40000000, "restricted": 8000000, "lessor": 56000000 }, "after": { "lab": -40000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 6000000, "externalNet": -20000000 }, { "id": "FUTURE-CUSTOMER-RECEIPTS", "date": "2027-03-02", "order": 8, "kind": "external", "account": "lab", "sign": 1, "amount": 50000000, "before": { "lab": -40000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 56000000, "externalNet": 30000000 }, { "id": "FUTURE-LAB-COST", "date": "2027-03-02", "order": 9, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 3000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 49000000, "externalNet": 23000000 }, { "id": "LEASE-CASH-LATER", "date": "2027-03-02", "order": 10, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 0, "before": { "lab": 3000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 3000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 49000000, "externalNet": 23000000 }, { "id": "FUTURE-LESSOR-COST", "date": "2027-03-02", "order": 11, "kind": "external", "account": "lessor", "sign": -1, "amount": 15000000, "before": { "lab": 3000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 3000000, "restricted": 8000000, "lessor": 23000000 }, "totalCash": 34000000, "externalNet": 8000000 }, { "id": "OUTSIDE-LOAN-REPAYMENT", "date": "2027-04-01", "order": 12, "kind": "external", "account": "lab", "sign": -1, "amount": 0, "before": { "lab": 3000000, "restricted": 8000000, "lessor": 23000000 }, "after": { "lab": 3000000, "restricted": 8000000, "lessor": 23000000 }, "totalCash": 34000000, "externalNet": 8000000 } ], "closing": { "lab": 3000000, "restricted": 8000000, "lessor": 23000000 }, "minimum": { "lab": -40000000, "restricted": 8000000, "lessor": 6000000 }, "firstGap": { "lab": "2027-01-31", "restricted": null, "lessor": null }, "additionalPrefundedCash": { "lab": 40000000, "lessor": 0 }, "totalExternalNet": 8000000, "totalCash": 34000000, "interpretation": "Full-obligation cash requirements. New prefunded support is not actually supplied. No automatic sharing of party cash or funding cost for an unresolved buffer." }, "ownership": { "newShares": 0, "postIssueOwnership": 0, "scope": "Mechanical share count with one share class and no other dilution; not an economic cost or valuation estimate." }, "debt": { "newPrincipal": 0, "cashRaised": 0, "noncashLeaseDischarge": 0, "principalRepaid": 0, "principalConverted": 0 }, "cashScheduleFunded": false, "limits": "No default is inferred from a projected gap. Recipient receipts in the full plan require payer funding. Conversion requires a separately assumed right and acceptance; it raises no new cash. Solvency and commercial consent are not modeled." }, { "id": "larger_closed_facility", "inputs": { "evidenceClass": "hypothetical", "unit": "USD", "opening": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "currentReceipts": 5000000, "currentLabCost": 7000000, "currentLessorCost": 18000000, "futureReceipts": 50000000, "futureLabCost": 7000000, "futureLessorCost": 15000000, "dueNow": 50000000, "dueLater": 0, "restrictedApplicationRequest": 0, "restrictedApplicationAllowed": false, "equityCash": 0, "premium": 0, "premiumRecipient": "outside", "annualRate": 0.12, "principalSettlement": "cash", "conversionPrice": 100, "existingShares": 4000000, "facility": { "cap": 600000000, "alreadyUsed": 0, "request": 50000000, "permission": false, "settlesByDueDate": true, "form": "cash", "cashFundingCapacity": 600000000, "noteAcceptedForDischarge": false } }, "labBeforeLease": 10000000, "restrictedApplied": 0, "financing": { "amount": 0, "reason": "permission closed", "headroom": 600000000, "cashProceeds": 0, "noncashLeaseCredit": 0 }, "actualIssuerAmounts": false, "status": "hypothetical_complete_schedule", "currentFundable": { "unfundedEssentialCosts": 0, "leaseDischarged": 10000000, "leaseStillUnfunded": 40000000, "cashToLessor": 10000000, "lessorCashGapAtCurrentDeadline": 2000000, "interpretation": "Known funds only, essential costs and premium first. Do not add this recipient gap to the lab buffer: lab support can fund the same payment." }, "interest": 0, "plan": { "rows": [ { "id": "EQUITY-FUNDED", "date": "2027-01-01", "order": 0, "kind": "external", "account": "lab", "sign": 1, "amount": 0, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 26000000, "externalNet": 0 }, { "id": "CURRENT-CUSTOMER-RECEIPTS", "date": "2027-01-31", "order": 1, "kind": "external", "account": "lab", "sign": 1, "amount": 5000000, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 31000000, "externalNet": 5000000 }, { "id": "CURRENT-LAB-COST", "date": "2027-01-31", "order": 2, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "STANDBY-PREMIUM", "date": "2027-01-31", "order": 3, "kind": "external", "account": "lab", "sign": -1, "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "PERMITTED-RESERVE-APPLICATION", "date": "2027-01-31", "order": 4, "kind": "transfer", "from": "restricted", "to": "lessor", "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "LOAN-CASH-RECEIVED", "date": "2027-01-31", "order": 5, "kind": "external", "account": "lab", "sign": 1, "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "LEASE-CASH-NOW", "date": "2027-01-31", "order": 6, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 50000000, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": -40000000, "restricted": 8000000, "lessor": 56000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "CURRENT-LESSOR-COST", "date": "2027-01-31", "order": 7, "kind": "external", "account": "lessor", "sign": -1, "amount": 18000000, "before": { "lab": -40000000, "restricted": 8000000, "lessor": 56000000 }, "after": { "lab": -40000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 6000000, "externalNet": -20000000 }, { "id": "FUTURE-CUSTOMER-RECEIPTS", "date": "2027-03-02", "order": 8, "kind": "external", "account": "lab", "sign": 1, "amount": 50000000, "before": { "lab": -40000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 56000000, "externalNet": 30000000 }, { "id": "FUTURE-LAB-COST", "date": "2027-03-02", "order": 9, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 3000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 49000000, "externalNet": 23000000 }, { "id": "LEASE-CASH-LATER", "date": "2027-03-02", "order": 10, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 0, "before": { "lab": 3000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 3000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 49000000, "externalNet": 23000000 }, { "id": "FUTURE-LESSOR-COST", "date": "2027-03-02", "order": 11, "kind": "external", "account": "lessor", "sign": -1, "amount": 15000000, "before": { "lab": 3000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 3000000, "restricted": 8000000, "lessor": 23000000 }, "totalCash": 34000000, "externalNet": 8000000 }, { "id": "OUTSIDE-LOAN-REPAYMENT", "date": "2027-04-01", "order": 12, "kind": "external", "account": "lab", "sign": -1, "amount": 0, "before": { "lab": 3000000, "restricted": 8000000, "lessor": 23000000 }, "after": { "lab": 3000000, "restricted": 8000000, "lessor": 23000000 }, "totalCash": 34000000, "externalNet": 8000000 } ], "closing": { "lab": 3000000, "restricted": 8000000, "lessor": 23000000 }, "minimum": { "lab": -40000000, "restricted": 8000000, "lessor": 6000000 }, "firstGap": { "lab": "2027-01-31", "restricted": null, "lessor": null }, "additionalPrefundedCash": { "lab": 40000000, "lessor": 0 }, "totalExternalNet": 8000000, "totalCash": 34000000, "interpretation": "Full-obligation cash requirements. New prefunded support is not actually supplied. No automatic sharing of party cash or funding cost for an unresolved buffer." }, "ownership": { "newShares": 0, "postIssueOwnership": 0, "scope": "Mechanical share count with one share class and no other dilution; not an economic cost or valuation estimate." }, "debt": { "newPrincipal": 0, "cashRaised": 0, "noncashLeaseDischarge": 0, "principalRepaid": 0, "principalConverted": 0 }, "cashScheduleFunded": false, "limits": "No default is inferred from a projected gap. Recipient receipts in the full plan require payer funding. Conversion requires a separately assumed right and acceptance; it raises no new cash. Solvency and commercial consent are not modeled." }, { "id": "closed_with_reserve_application", "inputs": { "evidenceClass": "hypothetical", "unit": "USD", "opening": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "currentReceipts": 5000000, "currentLabCost": 7000000, "currentLessorCost": 18000000, "futureReceipts": 50000000, "futureLabCost": 7000000, "futureLessorCost": 15000000, "dueNow": 50000000, "dueLater": 0, "restrictedApplicationRequest": 8000000, "restrictedApplicationAllowed": true, "equityCash": 0, "premium": 0, "premiumRecipient": "outside", "annualRate": 0.12, "principalSettlement": "cash", "conversionPrice": 100, "existingShares": 4000000, "facility": { "cap": 60000000, "alreadyUsed": 0, "request": 50000000, "permission": false, "settlesByDueDate": true, "form": "cash", "cashFundingCapacity": 60000000, "noteAcceptedForDischarge": false } }, "labBeforeLease": 10000000, "restrictedApplied": 8000000, "financing": { "amount": 0, "reason": "permission closed", "headroom": 60000000, "cashProceeds": 0, "noncashLeaseCredit": 0 }, "actualIssuerAmounts": false, "status": "hypothetical_complete_schedule", "currentFundable": { "unfundedEssentialCosts": 0, "leaseDischarged": 18000000, "leaseStillUnfunded": 32000000, "cashToLessor": 18000000, "lessorCashGapAtCurrentDeadline": 0, "interpretation": "Known funds only, essential costs and premium first. Do not add this recipient gap to the lab buffer: lab support can fund the same payment." }, "interest": 0, "plan": { "rows": [ { "id": "EQUITY-FUNDED", "date": "2027-01-01", "order": 0, "kind": "external", "account": "lab", "sign": 1, "amount": 0, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 26000000, "externalNet": 0 }, { "id": "CURRENT-CUSTOMER-RECEIPTS", "date": "2027-01-31", "order": 1, "kind": "external", "account": "lab", "sign": 1, "amount": 5000000, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 31000000, "externalNet": 5000000 }, { "id": "CURRENT-LAB-COST", "date": "2027-01-31", "order": 2, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "STANDBY-PREMIUM", "date": "2027-01-31", "order": 3, "kind": "external", "account": "lab", "sign": -1, "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "PERMITTED-RESERVE-APPLICATION", "date": "2027-01-31", "order": 4, "kind": "transfer", "from": "restricted", "to": "lessor", "amount": 8000000, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 0, "lessor": 14000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "LOAN-CASH-RECEIVED", "date": "2027-01-31", "order": 5, "kind": "external", "account": "lab", "sign": 1, "amount": 0, "before": { "lab": 10000000, "restricted": 0, "lessor": 14000000 }, "after": { "lab": 10000000, "restricted": 0, "lessor": 14000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "LEASE-CASH-NOW", "date": "2027-01-31", "order": 6, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 42000000, "before": { "lab": 10000000, "restricted": 0, "lessor": 14000000 }, "after": { "lab": -32000000, "restricted": 0, "lessor": 56000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "CURRENT-LESSOR-COST", "date": "2027-01-31", "order": 7, "kind": "external", "account": "lessor", "sign": -1, "amount": 18000000, "before": { "lab": -32000000, "restricted": 0, "lessor": 56000000 }, "after": { "lab": -32000000, "restricted": 0, "lessor": 38000000 }, "totalCash": 6000000, "externalNet": -20000000 }, { "id": "FUTURE-CUSTOMER-RECEIPTS", "date": "2027-03-02", "order": 8, "kind": "external", "account": "lab", "sign": 1, "amount": 50000000, "before": { "lab": -32000000, "restricted": 0, "lessor": 38000000 }, "after": { "lab": 18000000, "restricted": 0, "lessor": 38000000 }, "totalCash": 56000000, "externalNet": 30000000 }, { "id": "FUTURE-LAB-COST", "date": "2027-03-02", "order": 9, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 18000000, "restricted": 0, "lessor": 38000000 }, "after": { "lab": 11000000, "restricted": 0, "lessor": 38000000 }, "totalCash": 49000000, "externalNet": 23000000 }, { "id": "LEASE-CASH-LATER", "date": "2027-03-02", "order": 10, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 0, "before": { "lab": 11000000, "restricted": 0, "lessor": 38000000 }, "after": { "lab": 11000000, "restricted": 0, "lessor": 38000000 }, "totalCash": 49000000, "externalNet": 23000000 }, { "id": "FUTURE-LESSOR-COST", "date": "2027-03-02", "order": 11, "kind": "external", "account": "lessor", "sign": -1, "amount": 15000000, "before": { "lab": 11000000, "restricted": 0, "lessor": 38000000 }, "after": { "lab": 11000000, "restricted": 0, "lessor": 23000000 }, "totalCash": 34000000, "externalNet": 8000000 }, { "id": "OUTSIDE-LOAN-REPAYMENT", "date": "2027-04-01", "order": 12, "kind": "external", "account": "lab", "sign": -1, "amount": 0, "before": { "lab": 11000000, "restricted": 0, "lessor": 23000000 }, "after": { "lab": 11000000, "restricted": 0, "lessor": 23000000 }, "totalCash": 34000000, "externalNet": 8000000 } ], "closing": { "lab": 11000000, "restricted": 0, "lessor": 23000000 }, "minimum": { "lab": -32000000, "restricted": 0, "lessor": 6000000 }, "firstGap": { "lab": "2027-01-31", "restricted": null, "lessor": null }, "additionalPrefundedCash": { "lab": 32000000, "lessor": 0 }, "totalExternalNet": 8000000, "totalCash": 34000000, "interpretation": "Full-obligation cash requirements. New prefunded support is not actually supplied. No automatic sharing of party cash or funding cost for an unresolved buffer." }, "ownership": { "newShares": 0, "postIssueOwnership": 0, "scope": "Mechanical share count with one share class and no other dilution; not an economic cost or valuation estimate." }, "debt": { "newPrincipal": 0, "cashRaised": 0, "noncashLeaseDischarge": 0, "principalRepaid": 0, "principalConverted": 0 }, "cashScheduleFunded": false, "limits": "No default is inferred from a projected gap. Recipient receipts in the full plan require payer funding. Conversion requires a separately assumed right and acceptance; it raises no new cash. Solvency and commercial consent are not modeled." }, { "id": "accelerated_open_cash_40m", "inputs": { "evidenceClass": "hypothetical", "unit": "USD", "opening": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "currentReceipts": 5000000, "currentLabCost": 7000000, "currentLessorCost": 18000000, "futureReceipts": 50000000, "futureLabCost": 7000000, "futureLessorCost": 15000000, "dueNow": 50000000, "dueLater": 0, "restrictedApplicationRequest": 0, "restrictedApplicationAllowed": false, "equityCash": 0, "premium": 0, "premiumRecipient": "outside", "annualRate": 0.12, "principalSettlement": "cash", "conversionPrice": 100, "existingShares": 4000000, "facility": { "cap": 60000000, "alreadyUsed": 0, "request": 40000000, "permission": true, "settlesByDueDate": true, "form": "cash", "cashFundingCapacity": 60000000, "noteAcceptedForDischarge": false } }, "labBeforeLease": 10000000, "restrictedApplied": 0, "financing": { "amount": 40000000, "reason": "conditional scenario amount available", "headroom": 60000000, "cashProceeds": 40000000, "noncashLeaseCredit": 0 }, "actualIssuerAmounts": false, "status": "hypothetical_complete_schedule", "currentFundable": { "unfundedEssentialCosts": 0, "leaseDischarged": 50000000, "leaseStillUnfunded": 0, "cashToLessor": 50000000, "lessorCashGapAtCurrentDeadline": 0, "interpretation": "Known funds only, essential costs and premium first. Do not add this recipient gap to the lab buffer: lab support can fund the same payment." }, "interest": 789042, "plan": { "rows": [ { "id": "EQUITY-FUNDED", "date": "2027-01-01", "order": 0, "kind": "external", "account": "lab", "sign": 1, "amount": 0, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 26000000, "externalNet": 0 }, { "id": "CURRENT-CUSTOMER-RECEIPTS", "date": "2027-01-31", "order": 1, "kind": "external", "account": "lab", "sign": 1, "amount": 5000000, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 31000000, "externalNet": 5000000 }, { "id": "CURRENT-LAB-COST", "date": "2027-01-31", "order": 2, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "STANDBY-PREMIUM", "date": "2027-01-31", "order": 3, "kind": "external", "account": "lab", "sign": -1, "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "PERMITTED-RESERVE-APPLICATION", "date": "2027-01-31", "order": 4, "kind": "transfer", "from": "restricted", "to": "lessor", "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "LOAN-CASH-RECEIVED", "date": "2027-01-31", "order": 5, "kind": "external", "account": "lab", "sign": 1, "amount": 40000000, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 50000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 64000000, "externalNet": 38000000 }, { "id": "LEASE-CASH-NOW", "date": "2027-01-31", "order": 6, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 50000000, "before": { "lab": 50000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 0, "restricted": 8000000, "lessor": 56000000 }, "totalCash": 64000000, "externalNet": 38000000 }, { "id": "CURRENT-LESSOR-COST", "date": "2027-01-31", "order": 7, "kind": "external", "account": "lessor", "sign": -1, "amount": 18000000, "before": { "lab": 0, "restricted": 8000000, "lessor": 56000000 }, "after": { "lab": 0, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 46000000, "externalNet": 20000000 }, { "id": "FUTURE-CUSTOMER-RECEIPTS", "date": "2027-03-02", "order": 8, "kind": "external", "account": "lab", "sign": 1, "amount": 50000000, "before": { "lab": 0, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 50000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 96000000, "externalNet": 70000000 }, { "id": "FUTURE-LAB-COST", "date": "2027-03-02", "order": 9, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 50000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 43000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 89000000, "externalNet": 63000000 }, { "id": "LEASE-CASH-LATER", "date": "2027-03-02", "order": 10, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 0, "before": { "lab": 43000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 43000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 89000000, "externalNet": 63000000 }, { "id": "FUTURE-LESSOR-COST", "date": "2027-03-02", "order": 11, "kind": "external", "account": "lessor", "sign": -1, "amount": 15000000, "before": { "lab": 43000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 43000000, "restricted": 8000000, "lessor": 23000000 }, "totalCash": 74000000, "externalNet": 48000000 }, { "id": "OUTSIDE-LOAN-REPAYMENT", "date": "2027-04-01", "order": 12, "kind": "external", "account": "lab", "sign": -1, "amount": 40789042, "before": { "lab": 43000000, "restricted": 8000000, "lessor": 23000000 }, "after": { "lab": 2210958, "restricted": 8000000, "lessor": 23000000 }, "totalCash": 33210958, "externalNet": 7210958 } ], "closing": { "lab": 2210958, "restricted": 8000000, "lessor": 23000000 }, "minimum": { "lab": 0, "restricted": 8000000, "lessor": 6000000 }, "firstGap": { "lab": null, "restricted": null, "lessor": null }, "additionalPrefundedCash": { "lab": 0, "lessor": 0 }, "totalExternalNet": 7210958, "totalCash": 33210958, "interpretation": "Full-obligation cash requirements. New prefunded support is not actually supplied. No automatic sharing of party cash or funding cost for an unresolved buffer." }, "ownership": { "newShares": 0, "postIssueOwnership": 0, "scope": "Mechanical share count with one share class and no other dilution; not an economic cost or valuation estimate." }, "debt": { "newPrincipal": 40000000, "cashRaised": 40000000, "noncashLeaseDischarge": 0, "principalRepaid": 40000000, "principalConverted": 0 }, "cashScheduleFunded": true, "limits": "No default is inferred from a projected gap. Recipient receipts in the full plan require payer funding. Conversion requires a separately assumed right and acceptance; it raises no new cash. Solvency and commercial consent are not modeled." }, { "id": "accelerated_open_cash_50m", "inputs": { "evidenceClass": "hypothetical", "unit": "USD", "opening": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "currentReceipts": 5000000, "currentLabCost": 7000000, "currentLessorCost": 18000000, "futureReceipts": 50000000, "futureLabCost": 7000000, "futureLessorCost": 15000000, "dueNow": 50000000, "dueLater": 0, "restrictedApplicationRequest": 0, "restrictedApplicationAllowed": false, "equityCash": 0, "premium": 0, "premiumRecipient": "outside", "annualRate": 0.12, "principalSettlement": "cash", "conversionPrice": 100, "existingShares": 4000000, "facility": { "cap": 60000000, "alreadyUsed": 0, "request": 50000000, "permission": true, "settlesByDueDate": true, "form": "cash", "cashFundingCapacity": 60000000, "noteAcceptedForDischarge": false } }, "labBeforeLease": 10000000, "restrictedApplied": 0, "financing": { "amount": 50000000, "reason": "conditional scenario amount available", "headroom": 60000000, "cashProceeds": 50000000, "noncashLeaseCredit": 0 }, "actualIssuerAmounts": false, "status": "hypothetical_complete_schedule", "currentFundable": { "unfundedEssentialCosts": 0, "leaseDischarged": 50000000, "leaseStillUnfunded": 0, "cashToLessor": 50000000, "lessorCashGapAtCurrentDeadline": 0, "interpretation": "Known funds only, essential costs and premium first. Do not add this recipient gap to the lab buffer: lab support can fund the same payment." }, "interest": 986302, "plan": { "rows": [ { "id": "EQUITY-FUNDED", "date": "2027-01-01", "order": 0, "kind": "external", "account": "lab", "sign": 1, "amount": 0, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 26000000, "externalNet": 0 }, { "id": "CURRENT-CUSTOMER-RECEIPTS", "date": "2027-01-31", "order": 1, "kind": "external", "account": "lab", "sign": 1, "amount": 5000000, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 31000000, "externalNet": 5000000 }, { "id": "CURRENT-LAB-COST", "date": "2027-01-31", "order": 2, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "STANDBY-PREMIUM", "date": "2027-01-31", "order": 3, "kind": "external", "account": "lab", "sign": -1, "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "PERMITTED-RESERVE-APPLICATION", "date": "2027-01-31", "order": 4, "kind": "transfer", "from": "restricted", "to": "lessor", "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "LOAN-CASH-RECEIVED", "date": "2027-01-31", "order": 5, "kind": "external", "account": "lab", "sign": 1, "amount": 50000000, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 60000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 74000000, "externalNet": 48000000 }, { "id": "LEASE-CASH-NOW", "date": "2027-01-31", "order": 6, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 50000000, "before": { "lab": 60000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 56000000 }, "totalCash": 74000000, "externalNet": 48000000 }, { "id": "CURRENT-LESSOR-COST", "date": "2027-01-31", "order": 7, "kind": "external", "account": "lessor", "sign": -1, "amount": 18000000, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 56000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 56000000, "externalNet": 30000000 }, { "id": "FUTURE-CUSTOMER-RECEIPTS", "date": "2027-03-02", "order": 8, "kind": "external", "account": "lab", "sign": 1, "amount": 50000000, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 60000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 106000000, "externalNet": 80000000 }, { "id": "FUTURE-LAB-COST", "date": "2027-03-02", "order": 9, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 60000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 53000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 99000000, "externalNet": 73000000 }, { "id": "LEASE-CASH-LATER", "date": "2027-03-02", "order": 10, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 0, "before": { "lab": 53000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 53000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 99000000, "externalNet": 73000000 }, { "id": "FUTURE-LESSOR-COST", "date": "2027-03-02", "order": 11, "kind": "external", "account": "lessor", "sign": -1, "amount": 15000000, "before": { "lab": 53000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 53000000, "restricted": 8000000, "lessor": 23000000 }, "totalCash": 84000000, "externalNet": 58000000 }, { "id": "OUTSIDE-LOAN-REPAYMENT", "date": "2027-04-01", "order": 12, "kind": "external", "account": "lab", "sign": -1, "amount": 50986302, "before": { "lab": 53000000, "restricted": 8000000, "lessor": 23000000 }, "after": { "lab": 2013698, "restricted": 8000000, "lessor": 23000000 }, "totalCash": 33013698, "externalNet": 7013698 } ], "closing": { "lab": 2013698, "restricted": 8000000, "lessor": 23000000 }, "minimum": { "lab": 2013698, "restricted": 8000000, "lessor": 6000000 }, "firstGap": { "lab": null, "restricted": null, "lessor": null }, "additionalPrefundedCash": { "lab": 0, "lessor": 0 }, "totalExternalNet": 7013698, "totalCash": 33013698, "interpretation": "Full-obligation cash requirements. New prefunded support is not actually supplied. No automatic sharing of party cash or funding cost for an unresolved buffer." }, "ownership": { "newShares": 0, "postIssueOwnership": 0, "scope": "Mechanical share count with one share class and no other dilution; not an economic cost or valuation estimate." }, "debt": { "newPrincipal": 50000000, "cashRaised": 50000000, "noncashLeaseDischarge": 0, "principalRepaid": 50000000, "principalConverted": 0 }, "cashScheduleFunded": true, "limits": "No default is inferred from a projected gap. Recipient receipts in the full plan require payer funding. Conversion requires a separately assumed right and acceptance; it raises no new cash. Solvency and commercial consent are not modeled." }, { "id": "open_but_cash_capacity_20m", "inputs": { "evidenceClass": "hypothetical", "unit": "USD", "opening": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "currentReceipts": 5000000, "currentLabCost": 7000000, "currentLessorCost": 18000000, "futureReceipts": 50000000, "futureLabCost": 7000000, "futureLessorCost": 15000000, "dueNow": 50000000, "dueLater": 0, "restrictedApplicationRequest": 0, "restrictedApplicationAllowed": false, "equityCash": 0, "premium": 0, "premiumRecipient": "outside", "annualRate": 0.12, "principalSettlement": "cash", "conversionPrice": 100, "existingShares": 4000000, "facility": { "cap": 60000000, "alreadyUsed": 0, "request": 50000000, "permission": true, "settlesByDueDate": true, "form": "cash", "cashFundingCapacity": 20000000, "noteAcceptedForDischarge": false } }, "labBeforeLease": 10000000, "restrictedApplied": 0, "financing": { "amount": 20000000, "reason": "conditional scenario amount available", "headroom": 60000000, "cashProceeds": 20000000, "noncashLeaseCredit": 0 }, "actualIssuerAmounts": false, "status": "hypothetical_complete_schedule", "currentFundable": { "unfundedEssentialCosts": 0, "leaseDischarged": 30000000, "leaseStillUnfunded": 20000000, "cashToLessor": 30000000, "lessorCashGapAtCurrentDeadline": 0, "interpretation": "Known funds only, essential costs and premium first. Do not add this recipient gap to the lab buffer: lab support can fund the same payment." }, "interest": 394521, "plan": { "rows": [ { "id": "EQUITY-FUNDED", "date": "2027-01-01", "order": 0, "kind": "external", "account": "lab", "sign": 1, "amount": 0, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 26000000, "externalNet": 0 }, { "id": "CURRENT-CUSTOMER-RECEIPTS", "date": "2027-01-31", "order": 1, "kind": "external", "account": "lab", "sign": 1, "amount": 5000000, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 31000000, "externalNet": 5000000 }, { "id": "CURRENT-LAB-COST", "date": "2027-01-31", "order": 2, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "STANDBY-PREMIUM", "date": "2027-01-31", "order": 3, "kind": "external", "account": "lab", "sign": -1, "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "PERMITTED-RESERVE-APPLICATION", "date": "2027-01-31", "order": 4, "kind": "transfer", "from": "restricted", "to": "lessor", "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "LOAN-CASH-RECEIVED", "date": "2027-01-31", "order": 5, "kind": "external", "account": "lab", "sign": 1, "amount": 20000000, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 30000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 44000000, "externalNet": 18000000 }, { "id": "LEASE-CASH-NOW", "date": "2027-01-31", "order": 6, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 50000000, "before": { "lab": 30000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": -20000000, "restricted": 8000000, "lessor": 56000000 }, "totalCash": 44000000, "externalNet": 18000000 }, { "id": "CURRENT-LESSOR-COST", "date": "2027-01-31", "order": 7, "kind": "external", "account": "lessor", "sign": -1, "amount": 18000000, "before": { "lab": -20000000, "restricted": 8000000, "lessor": 56000000 }, "after": { "lab": -20000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 26000000, "externalNet": 0 }, { "id": "FUTURE-CUSTOMER-RECEIPTS", "date": "2027-03-02", "order": 8, "kind": "external", "account": "lab", "sign": 1, "amount": 50000000, "before": { "lab": -20000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 30000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 76000000, "externalNet": 50000000 }, { "id": "FUTURE-LAB-COST", "date": "2027-03-02", "order": 9, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 30000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 23000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 69000000, "externalNet": 43000000 }, { "id": "LEASE-CASH-LATER", "date": "2027-03-02", "order": 10, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 0, "before": { "lab": 23000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 23000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 69000000, "externalNet": 43000000 }, { "id": "FUTURE-LESSOR-COST", "date": "2027-03-02", "order": 11, "kind": "external", "account": "lessor", "sign": -1, "amount": 15000000, "before": { "lab": 23000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 23000000, "restricted": 8000000, "lessor": 23000000 }, "totalCash": 54000000, "externalNet": 28000000 }, { "id": "OUTSIDE-LOAN-REPAYMENT", "date": "2027-04-01", "order": 12, "kind": "external", "account": "lab", "sign": -1, "amount": 20394521, "before": { "lab": 23000000, "restricted": 8000000, "lessor": 23000000 }, "after": { "lab": 2605479, "restricted": 8000000, "lessor": 23000000 }, "totalCash": 33605479, "externalNet": 7605479 } ], "closing": { "lab": 2605479, "restricted": 8000000, "lessor": 23000000 }, "minimum": { "lab": -20000000, "restricted": 8000000, "lessor": 6000000 }, "firstGap": { "lab": "2027-01-31", "restricted": null, "lessor": null }, "additionalPrefundedCash": { "lab": 20000000, "lessor": 0 }, "totalExternalNet": 7605479, "totalCash": 33605479, "interpretation": "Full-obligation cash requirements. New prefunded support is not actually supplied. No automatic sharing of party cash or funding cost for an unresolved buffer." }, "ownership": { "newShares": 0, "postIssueOwnership": 0, "scope": "Mechanical share count with one share class and no other dilution; not an economic cost or valuation estimate." }, "debt": { "newPrincipal": 20000000, "cashRaised": 20000000, "noncashLeaseDischarge": 0, "principalRepaid": 20000000, "principalConverted": 0 }, "cashScheduleFunded": false, "limits": "No default is inferred from a projected gap. Recipient receipts in the full plan require payer funding. Conversion requires a separately assumed right and acceptance; it raises no new cash. Solvency and commercial consent are not modeled." }, { "id": "open_but_late_settlement", "inputs": { "evidenceClass": "hypothetical", "unit": "USD", "opening": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "currentReceipts": 5000000, "currentLabCost": 7000000, "currentLessorCost": 18000000, "futureReceipts": 50000000, "futureLabCost": 7000000, "futureLessorCost": 15000000, "dueNow": 50000000, "dueLater": 0, "restrictedApplicationRequest": 0, "restrictedApplicationAllowed": false, "equityCash": 0, "premium": 0, "premiumRecipient": "outside", "annualRate": 0.12, "principalSettlement": "cash", "conversionPrice": 100, "existingShares": 4000000, "facility": { "cap": 60000000, "alreadyUsed": 0, "request": 50000000, "permission": true, "settlesByDueDate": false, "form": "cash", "cashFundingCapacity": 60000000, "noteAcceptedForDischarge": false } }, "labBeforeLease": 10000000, "restrictedApplied": 0, "financing": { "amount": 0, "reason": "no settlement by this due date", "headroom": 60000000, "cashProceeds": 0, "noncashLeaseCredit": 0 }, "actualIssuerAmounts": false, "status": "hypothetical_complete_schedule", "currentFundable": { "unfundedEssentialCosts": 0, "leaseDischarged": 10000000, "leaseStillUnfunded": 40000000, "cashToLessor": 10000000, "lessorCashGapAtCurrentDeadline": 2000000, "interpretation": "Known funds only, essential costs and premium first. Do not add this recipient gap to the lab buffer: lab support can fund the same payment." }, "interest": 0, "plan": { "rows": [ { "id": "EQUITY-FUNDED", "date": "2027-01-01", "order": 0, "kind": "external", "account": "lab", "sign": 1, "amount": 0, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 26000000, "externalNet": 0 }, { "id": "CURRENT-CUSTOMER-RECEIPTS", "date": "2027-01-31", "order": 1, "kind": "external", "account": "lab", "sign": 1, "amount": 5000000, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 31000000, "externalNet": 5000000 }, { "id": "CURRENT-LAB-COST", "date": "2027-01-31", "order": 2, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "STANDBY-PREMIUM", "date": "2027-01-31", "order": 3, "kind": "external", "account": "lab", "sign": -1, "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "PERMITTED-RESERVE-APPLICATION", "date": "2027-01-31", "order": 4, "kind": "transfer", "from": "restricted", "to": "lessor", "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "LOAN-CASH-RECEIVED", "date": "2027-01-31", "order": 5, "kind": "external", "account": "lab", "sign": 1, "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "LEASE-CASH-NOW", "date": "2027-01-31", "order": 6, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 50000000, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": -40000000, "restricted": 8000000, "lessor": 56000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "CURRENT-LESSOR-COST", "date": "2027-01-31", "order": 7, "kind": "external", "account": "lessor", "sign": -1, "amount": 18000000, "before": { "lab": -40000000, "restricted": 8000000, "lessor": 56000000 }, "after": { "lab": -40000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 6000000, "externalNet": -20000000 }, { "id": "FUTURE-CUSTOMER-RECEIPTS", "date": "2027-03-02", "order": 8, "kind": "external", "account": "lab", "sign": 1, "amount": 50000000, "before": { "lab": -40000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 56000000, "externalNet": 30000000 }, { "id": "FUTURE-LAB-COST", "date": "2027-03-02", "order": 9, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 3000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 49000000, "externalNet": 23000000 }, { "id": "LEASE-CASH-LATER", "date": "2027-03-02", "order": 10, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 0, "before": { "lab": 3000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 3000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 49000000, "externalNet": 23000000 }, { "id": "FUTURE-LESSOR-COST", "date": "2027-03-02", "order": 11, "kind": "external", "account": "lessor", "sign": -1, "amount": 15000000, "before": { "lab": 3000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 3000000, "restricted": 8000000, "lessor": 23000000 }, "totalCash": 34000000, "externalNet": 8000000 }, { "id": "OUTSIDE-LOAN-REPAYMENT", "date": "2027-04-01", "order": 12, "kind": "external", "account": "lab", "sign": -1, "amount": 0, "before": { "lab": 3000000, "restricted": 8000000, "lessor": 23000000 }, "after": { "lab": 3000000, "restricted": 8000000, "lessor": 23000000 }, "totalCash": 34000000, "externalNet": 8000000 } ], "closing": { "lab": 3000000, "restricted": 8000000, "lessor": 23000000 }, "minimum": { "lab": -40000000, "restricted": 8000000, "lessor": 6000000 }, "firstGap": { "lab": "2027-01-31", "restricted": null, "lessor": null }, "additionalPrefundedCash": { "lab": 40000000, "lessor": 0 }, "totalExternalNet": 8000000, "totalCash": 34000000, "interpretation": "Full-obligation cash requirements. New prefunded support is not actually supplied. No automatic sharing of party cash or funding cost for an unresolved buffer." }, "ownership": { "newShares": 0, "postIssueOwnership": 0, "scope": "Mechanical share count with one share class and no other dilution; not an economic cost or valuation estimate." }, "debt": { "newPrincipal": 0, "cashRaised": 0, "noncashLeaseDischarge": 0, "principalRepaid": 0, "principalConverted": 0 }, "cashScheduleFunded": false, "limits": "No default is inferred from a projected gap. Recipient receipts in the full plan require payer funding. Conversion requires a separately assumed right and acceptance; it raises no new cash. Solvency and commercial consent are not modeled." }, { "id": "accepted_noncash_note_40m", "inputs": { "evidenceClass": "hypothetical", "unit": "USD", "opening": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "currentReceipts": 5000000, "currentLabCost": 7000000, "currentLessorCost": 18000000, "futureReceipts": 50000000, "futureLabCost": 7000000, "futureLessorCost": 15000000, "dueNow": 50000000, "dueLater": 0, "restrictedApplicationRequest": 0, "restrictedApplicationAllowed": false, "equityCash": 0, "premium": 0, "premiumRecipient": "outside", "annualRate": 0.12, "principalSettlement": "cash", "conversionPrice": 100, "existingShares": 4000000, "facility": { "cap": 60000000, "alreadyUsed": 0, "request": 40000000, "permission": true, "settlesByDueDate": true, "form": "note_to_lessor", "cashFundingCapacity": 0, "noteAcceptedForDischarge": true } }, "labBeforeLease": 10000000, "restrictedApplied": 0, "financing": { "amount": 40000000, "reason": "conditional scenario amount available", "headroom": 60000000, "cashProceeds": 0, "noncashLeaseCredit": 40000000 }, "actualIssuerAmounts": false, "status": "hypothetical_complete_schedule", "currentFundable": { "unfundedEssentialCosts": 0, "leaseDischarged": 50000000, "leaseStillUnfunded": 0, "cashToLessor": 10000000, "lessorCashGapAtCurrentDeadline": 2000000, "interpretation": "Known funds only, essential costs and premium first. Do not add this recipient gap to the lab buffer: lab support can fund the same payment." }, "interest": 789042, "plan": { "rows": [ { "id": "EQUITY-FUNDED", "date": "2027-01-01", "order": 0, "kind": "external", "account": "lab", "sign": 1, "amount": 0, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 26000000, "externalNet": 0 }, { "id": "CURRENT-CUSTOMER-RECEIPTS", "date": "2027-01-31", "order": 1, "kind": "external", "account": "lab", "sign": 1, "amount": 5000000, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 31000000, "externalNet": 5000000 }, { "id": "CURRENT-LAB-COST", "date": "2027-01-31", "order": 2, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "STANDBY-PREMIUM", "date": "2027-01-31", "order": 3, "kind": "external", "account": "lab", "sign": -1, "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "PERMITTED-RESERVE-APPLICATION", "date": "2027-01-31", "order": 4, "kind": "transfer", "from": "restricted", "to": "lessor", "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "LOAN-CASH-RECEIVED", "date": "2027-01-31", "order": 5, "kind": "external", "account": "lab", "sign": 1, "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "LEASE-CASH-NOW", "date": "2027-01-31", "order": 6, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 10000000, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 0, "restricted": 8000000, "lessor": 16000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "CURRENT-LESSOR-COST", "date": "2027-01-31", "order": 7, "kind": "external", "account": "lessor", "sign": -1, "amount": 18000000, "before": { "lab": 0, "restricted": 8000000, "lessor": 16000000 }, "after": { "lab": 0, "restricted": 8000000, "lessor": -2000000 }, "totalCash": 6000000, "externalNet": -20000000 }, { "id": "FUTURE-CUSTOMER-RECEIPTS", "date": "2027-03-02", "order": 8, "kind": "external", "account": "lab", "sign": 1, "amount": 50000000, "before": { "lab": 0, "restricted": 8000000, "lessor": -2000000 }, "after": { "lab": 50000000, "restricted": 8000000, "lessor": -2000000 }, "totalCash": 56000000, "externalNet": 30000000 }, { "id": "FUTURE-LAB-COST", "date": "2027-03-02", "order": 9, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 50000000, "restricted": 8000000, "lessor": -2000000 }, "after": { "lab": 43000000, "restricted": 8000000, "lessor": -2000000 }, "totalCash": 49000000, "externalNet": 23000000 }, { "id": "LEASE-CASH-LATER", "date": "2027-03-02", "order": 10, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 0, "before": { "lab": 43000000, "restricted": 8000000, "lessor": -2000000 }, "after": { "lab": 43000000, "restricted": 8000000, "lessor": -2000000 }, "totalCash": 49000000, "externalNet": 23000000 }, { "id": "FUTURE-LESSOR-COST", "date": "2027-03-02", "order": 11, "kind": "external", "account": "lessor", "sign": -1, "amount": 15000000, "before": { "lab": 43000000, "restricted": 8000000, "lessor": -2000000 }, "after": { "lab": 43000000, "restricted": 8000000, "lessor": -17000000 }, "totalCash": 34000000, "externalNet": 8000000 }, { "id": "NOTE-CASH-REDEMPTION", "date": "2027-04-01", "order": 12, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 40789042, "before": { "lab": 43000000, "restricted": 8000000, "lessor": -17000000 }, "after": { "lab": 2210958, "restricted": 8000000, "lessor": 23789042 }, "totalCash": 34000000, "externalNet": 8000000 } ], "closing": { "lab": 2210958, "restricted": 8000000, "lessor": 23789042 }, "minimum": { "lab": 0, "restricted": 8000000, "lessor": -17000000 }, "firstGap": { "lab": null, "restricted": null, "lessor": "2027-01-31" }, "additionalPrefundedCash": { "lab": 0, "lessor": 17000000 }, "totalExternalNet": 8000000, "totalCash": 34000000, "interpretation": "Full-obligation cash requirements. New prefunded support is not actually supplied. No automatic sharing of party cash or funding cost for an unresolved buffer." }, "ownership": { "newShares": 0, "postIssueOwnership": 0, "scope": "Mechanical share count with one share class and no other dilution; not an economic cost or valuation estimate." }, "debt": { "newPrincipal": 40000000, "cashRaised": 0, "noncashLeaseDischarge": 40000000, "principalRepaid": 40000000, "principalConverted": 0 }, "cashScheduleFunded": false, "limits": "No default is inferred from a projected gap. Recipient receipts in the full plan require payer funding. Conversion requires a separately assumed right and acceptance; it raises no new cash. Solvency and commercial consent are not modeled." }, { "id": "note_principal_converts", "inputs": { "evidenceClass": "hypothetical", "unit": "USD", "opening": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "currentReceipts": 5000000, "currentLabCost": 7000000, "currentLessorCost": 18000000, "futureReceipts": 50000000, "futureLabCost": 7000000, "futureLessorCost": 15000000, "dueNow": 50000000, "dueLater": 0, "restrictedApplicationRequest": 0, "restrictedApplicationAllowed": false, "equityCash": 0, "premium": 0, "premiumRecipient": "outside", "annualRate": 0.12, "principalSettlement": "convert_principal", "conversionPrice": 100, "existingShares": 4000000, "facility": { "cap": 60000000, "alreadyUsed": 0, "request": 40000000, "permission": true, "settlesByDueDate": true, "form": "note_to_lessor", "cashFundingCapacity": 0, "noteAcceptedForDischarge": true } }, "labBeforeLease": 10000000, "restrictedApplied": 0, "financing": { "amount": 40000000, "reason": "conditional scenario amount available", "headroom": 60000000, "cashProceeds": 0, "noncashLeaseCredit": 40000000 }, "actualIssuerAmounts": false, "status": "hypothetical_complete_schedule", "currentFundable": { "unfundedEssentialCosts": 0, "leaseDischarged": 50000000, "leaseStillUnfunded": 0, "cashToLessor": 10000000, "lessorCashGapAtCurrentDeadline": 2000000, "interpretation": "Known funds only, essential costs and premium first. Do not add this recipient gap to the lab buffer: lab support can fund the same payment." }, "interest": 789042, "plan": { "rows": [ { "id": "EQUITY-FUNDED", "date": "2027-01-01", "order": 0, "kind": "external", "account": "lab", "sign": 1, "amount": 0, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 26000000, "externalNet": 0 }, { "id": "CURRENT-CUSTOMER-RECEIPTS", "date": "2027-01-31", "order": 1, "kind": "external", "account": "lab", "sign": 1, "amount": 5000000, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 31000000, "externalNet": 5000000 }, { "id": "CURRENT-LAB-COST", "date": "2027-01-31", "order": 2, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "STANDBY-PREMIUM", "date": "2027-01-31", "order": 3, "kind": "external", "account": "lab", "sign": -1, "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "PERMITTED-RESERVE-APPLICATION", "date": "2027-01-31", "order": 4, "kind": "transfer", "from": "restricted", "to": "lessor", "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "LOAN-CASH-RECEIVED", "date": "2027-01-31", "order": 5, "kind": "external", "account": "lab", "sign": 1, "amount": 0, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "LEASE-CASH-NOW", "date": "2027-01-31", "order": 6, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 10000000, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 0, "restricted": 8000000, "lessor": 16000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "CURRENT-LESSOR-COST", "date": "2027-01-31", "order": 7, "kind": "external", "account": "lessor", "sign": -1, "amount": 18000000, "before": { "lab": 0, "restricted": 8000000, "lessor": 16000000 }, "after": { "lab": 0, "restricted": 8000000, "lessor": -2000000 }, "totalCash": 6000000, "externalNet": -20000000 }, { "id": "FUTURE-CUSTOMER-RECEIPTS", "date": "2027-03-02", "order": 8, "kind": "external", "account": "lab", "sign": 1, "amount": 50000000, "before": { "lab": 0, "restricted": 8000000, "lessor": -2000000 }, "after": { "lab": 50000000, "restricted": 8000000, "lessor": -2000000 }, "totalCash": 56000000, "externalNet": 30000000 }, { "id": "FUTURE-LAB-COST", "date": "2027-03-02", "order": 9, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 50000000, "restricted": 8000000, "lessor": -2000000 }, "after": { "lab": 43000000, "restricted": 8000000, "lessor": -2000000 }, "totalCash": 49000000, "externalNet": 23000000 }, { "id": "LEASE-CASH-LATER", "date": "2027-03-02", "order": 10, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 0, "before": { "lab": 43000000, "restricted": 8000000, "lessor": -2000000 }, "after": { "lab": 43000000, "restricted": 8000000, "lessor": -2000000 }, "totalCash": 49000000, "externalNet": 23000000 }, { "id": "FUTURE-LESSOR-COST", "date": "2027-03-02", "order": 11, "kind": "external", "account": "lessor", "sign": -1, "amount": 15000000, "before": { "lab": 43000000, "restricted": 8000000, "lessor": -2000000 }, "after": { "lab": 43000000, "restricted": 8000000, "lessor": -17000000 }, "totalCash": 34000000, "externalNet": 8000000 }, { "id": "NOTE-CASH-REDEMPTION", "date": "2027-04-01", "order": 12, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 789042, "before": { "lab": 43000000, "restricted": 8000000, "lessor": -17000000 }, "after": { "lab": 42210958, "restricted": 8000000, "lessor": -16210958 }, "totalCash": 34000000, "externalNet": 8000000 } ], "closing": { "lab": 42210958, "restricted": 8000000, "lessor": -16210958 }, "minimum": { "lab": 0, "restricted": 8000000, "lessor": -17000000 }, "firstGap": { "lab": null, "restricted": null, "lessor": "2027-01-31" }, "additionalPrefundedCash": { "lab": 0, "lessor": 17000000 }, "totalExternalNet": 8000000, "totalCash": 34000000, "interpretation": "Full-obligation cash requirements. New prefunded support is not actually supplied. No automatic sharing of party cash or funding cost for an unresolved buffer." }, "ownership": { "newShares": 400000, "postIssueOwnership": 0.09090909090909091, "scope": "Mechanical share count with one share class and no other dilution; not an economic cost or valuation estimate." }, "debt": { "newPrincipal": 40000000, "cashRaised": 0, "noncashLeaseDischarge": 40000000, "principalRepaid": 0, "principalConverted": 40000000 }, "cashScheduleFunded": false, "limits": "No default is inferred from a projected gap. Recipient receipts in the full plan require payer funding. Conversion requires a separately assumed right and acceptance; it raises no new cash. Solvency and commercial consent are not modeled." }, { "id": "paid_standby", "inputs": { "evidenceClass": "hypothetical", "unit": "USD", "opening": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "currentReceipts": 5000000, "currentLabCost": 7000000, "currentLessorCost": 18000000, "futureReceipts": 50000000, "futureLabCost": 7000000, "futureLessorCost": 15000000, "dueNow": 50000000, "dueLater": 0, "restrictedApplicationRequest": 0, "restrictedApplicationAllowed": false, "equityCash": 0, "premium": 500000, "premiumRecipient": "outside", "annualRate": 0.18, "principalSettlement": "cash", "conversionPrice": 100, "existingShares": 4000000, "facility": { "cap": 60000000, "alreadyUsed": 0, "request": 40500000, "permission": true, "settlesByDueDate": true, "form": "cash", "cashFundingCapacity": 60000000, "noteAcceptedForDischarge": false, "purpose": "Separate hypothetical paid standby, available in this stress state; not the closed original facility." } }, "labBeforeLease": 9500000, "restrictedApplied": 0, "financing": { "amount": 40500000, "reason": "conditional scenario amount available", "headroom": 60000000, "cashProceeds": 40500000, "noncashLeaseCredit": 0 }, "actualIssuerAmounts": false, "status": "hypothetical_complete_schedule", "currentFundable": { "unfundedEssentialCosts": 0, "leaseDischarged": 50000000, "leaseStillUnfunded": 0, "cashToLessor": 50000000, "lessorCashGapAtCurrentDeadline": 0, "interpretation": "Known funds only, essential costs and premium first. Do not add this recipient gap to the lab buffer: lab support can fund the same payment." }, "interest": 1198357, "plan": { "rows": [ { "id": "EQUITY-FUNDED", "date": "2027-01-01", "order": 0, "kind": "external", "account": "lab", "sign": 1, "amount": 0, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 26000000, "externalNet": 0 }, { "id": "CURRENT-CUSTOMER-RECEIPTS", "date": "2027-01-31", "order": 1, "kind": "external", "account": "lab", "sign": 1, "amount": 5000000, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 31000000, "externalNet": 5000000 }, { "id": "CURRENT-LAB-COST", "date": "2027-01-31", "order": 2, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "STANDBY-PREMIUM", "date": "2027-01-31", "order": 3, "kind": "external", "account": "lab", "sign": -1, "amount": 500000, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 9500000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 23500000, "externalNet": -2500000 }, { "id": "PERMITTED-RESERVE-APPLICATION", "date": "2027-01-31", "order": 4, "kind": "transfer", "from": "restricted", "to": "lessor", "amount": 0, "before": { "lab": 9500000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 9500000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 23500000, "externalNet": -2500000 }, { "id": "LOAN-CASH-RECEIVED", "date": "2027-01-31", "order": 5, "kind": "external", "account": "lab", "sign": 1, "amount": 40500000, "before": { "lab": 9500000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 50000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 64000000, "externalNet": 38000000 }, { "id": "LEASE-CASH-NOW", "date": "2027-01-31", "order": 6, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 50000000, "before": { "lab": 50000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 0, "restricted": 8000000, "lessor": 56000000 }, "totalCash": 64000000, "externalNet": 38000000 }, { "id": "CURRENT-LESSOR-COST", "date": "2027-01-31", "order": 7, "kind": "external", "account": "lessor", "sign": -1, "amount": 18000000, "before": { "lab": 0, "restricted": 8000000, "lessor": 56000000 }, "after": { "lab": 0, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 46000000, "externalNet": 20000000 }, { "id": "FUTURE-CUSTOMER-RECEIPTS", "date": "2027-03-02", "order": 8, "kind": "external", "account": "lab", "sign": 1, "amount": 50000000, "before": { "lab": 0, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 50000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 96000000, "externalNet": 70000000 }, { "id": "FUTURE-LAB-COST", "date": "2027-03-02", "order": 9, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 50000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 43000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 89000000, "externalNet": 63000000 }, { "id": "LEASE-CASH-LATER", "date": "2027-03-02", "order": 10, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 0, "before": { "lab": 43000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 43000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 89000000, "externalNet": 63000000 }, { "id": "FUTURE-LESSOR-COST", "date": "2027-03-02", "order": 11, "kind": "external", "account": "lessor", "sign": -1, "amount": 15000000, "before": { "lab": 43000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 43000000, "restricted": 8000000, "lessor": 23000000 }, "totalCash": 74000000, "externalNet": 48000000 }, { "id": "OUTSIDE-LOAN-REPAYMENT", "date": "2027-04-01", "order": 12, "kind": "external", "account": "lab", "sign": -1, "amount": 41698357, "before": { "lab": 43000000, "restricted": 8000000, "lessor": 23000000 }, "after": { "lab": 1301643, "restricted": 8000000, "lessor": 23000000 }, "totalCash": 32301643, "externalNet": 6301643 } ], "closing": { "lab": 1301643, "restricted": 8000000, "lessor": 23000000 }, "minimum": { "lab": 0, "restricted": 8000000, "lessor": 6000000 }, "firstGap": { "lab": null, "restricted": null, "lessor": null }, "additionalPrefundedCash": { "lab": 0, "lessor": 0 }, "totalExternalNet": 6301643, "totalCash": 32301643, "interpretation": "Full-obligation cash requirements. New prefunded support is not actually supplied. No automatic sharing of party cash or funding cost for an unresolved buffer." }, "ownership": { "newShares": 0, "postIssueOwnership": 0, "scope": "Mechanical share count with one share class and no other dilution; not an economic cost or valuation estimate." }, "debt": { "newPrincipal": 40500000, "cashRaised": 40500000, "noncashLeaseDischarge": 0, "principalRepaid": 40500000, "principalConverted": 0 }, "cashScheduleFunded": true, "limits": "No default is inferred from a projected gap. Recipient receipts in the full plan require payer funding. Conversion requires a separately assumed right and acceptance; it raises no new cash. Solvency and commercial consent are not modeled." }, { "id": "funded_equity_buffer", "inputs": { "evidenceClass": "hypothetical", "unit": "USD", "opening": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "currentReceipts": 5000000, "currentLabCost": 7000000, "currentLessorCost": 18000000, "futureReceipts": 50000000, "futureLabCost": 7000000, "futureLessorCost": 15000000, "dueNow": 50000000, "dueLater": 0, "restrictedApplicationRequest": 0, "restrictedApplicationAllowed": false, "equityCash": 40000000, "premium": 0, "premiumRecipient": "outside", "annualRate": 0.12, "principalSettlement": "cash", "conversionPrice": 100, "existingShares": 4000000, "facility": { "cap": 60000000, "alreadyUsed": 0, "request": 50000000, "permission": false, "settlesByDueDate": true, "form": "cash", "cashFundingCapacity": 60000000, "noteAcceptedForDischarge": false } }, "labBeforeLease": 50000000, "restrictedApplied": 0, "financing": { "amount": 0, "reason": "permission closed", "headroom": 60000000, "cashProceeds": 0, "noncashLeaseCredit": 0 }, "actualIssuerAmounts": false, "status": "hypothetical_complete_schedule", "currentFundable": { "unfundedEssentialCosts": 0, "leaseDischarged": 50000000, "leaseStillUnfunded": 0, "cashToLessor": 50000000, "lessorCashGapAtCurrentDeadline": 0, "interpretation": "Known funds only, essential costs and premium first. Do not add this recipient gap to the lab buffer: lab support can fund the same payment." }, "interest": 0, "plan": { "rows": [ { "id": "EQUITY-FUNDED", "date": "2027-01-01", "order": 0, "kind": "external", "account": "lab", "sign": 1, "amount": 40000000, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 52000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 66000000, "externalNet": 40000000 }, { "id": "CURRENT-CUSTOMER-RECEIPTS", "date": "2027-01-31", "order": 1, "kind": "external", "account": "lab", "sign": 1, "amount": 5000000, "before": { "lab": 52000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 57000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 71000000, "externalNet": 45000000 }, { "id": "CURRENT-LAB-COST", "date": "2027-01-31", "order": 2, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 57000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 50000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 64000000, "externalNet": 38000000 }, { "id": "STANDBY-PREMIUM", "date": "2027-01-31", "order": 3, "kind": "external", "account": "lab", "sign": -1, "amount": 0, "before": { "lab": 50000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 50000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 64000000, "externalNet": 38000000 }, { "id": "PERMITTED-RESERVE-APPLICATION", "date": "2027-01-31", "order": 4, "kind": "transfer", "from": "restricted", "to": "lessor", "amount": 0, "before": { "lab": 50000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 50000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 64000000, "externalNet": 38000000 }, { "id": "LOAN-CASH-RECEIVED", "date": "2027-01-31", "order": 5, "kind": "external", "account": "lab", "sign": 1, "amount": 0, "before": { "lab": 50000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 50000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 64000000, "externalNet": 38000000 }, { "id": "LEASE-CASH-NOW", "date": "2027-01-31", "order": 6, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 50000000, "before": { "lab": 50000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 0, "restricted": 8000000, "lessor": 56000000 }, "totalCash": 64000000, "externalNet": 38000000 }, { "id": "CURRENT-LESSOR-COST", "date": "2027-01-31", "order": 7, "kind": "external", "account": "lessor", "sign": -1, "amount": 18000000, "before": { "lab": 0, "restricted": 8000000, "lessor": 56000000 }, "after": { "lab": 0, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 46000000, "externalNet": 20000000 }, { "id": "FUTURE-CUSTOMER-RECEIPTS", "date": "2027-03-02", "order": 8, "kind": "external", "account": "lab", "sign": 1, "amount": 50000000, "before": { "lab": 0, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 50000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 96000000, "externalNet": 70000000 }, { "id": "FUTURE-LAB-COST", "date": "2027-03-02", "order": 9, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 50000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 43000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 89000000, "externalNet": 63000000 }, { "id": "LEASE-CASH-LATER", "date": "2027-03-02", "order": 10, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 0, "before": { "lab": 43000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 43000000, "restricted": 8000000, "lessor": 38000000 }, "totalCash": 89000000, "externalNet": 63000000 }, { "id": "FUTURE-LESSOR-COST", "date": "2027-03-02", "order": 11, "kind": "external", "account": "lessor", "sign": -1, "amount": 15000000, "before": { "lab": 43000000, "restricted": 8000000, "lessor": 38000000 }, "after": { "lab": 43000000, "restricted": 8000000, "lessor": 23000000 }, "totalCash": 74000000, "externalNet": 48000000 }, { "id": "OUTSIDE-LOAN-REPAYMENT", "date": "2027-04-01", "order": 12, "kind": "external", "account": "lab", "sign": -1, "amount": 0, "before": { "lab": 43000000, "restricted": 8000000, "lessor": 23000000 }, "after": { "lab": 43000000, "restricted": 8000000, "lessor": 23000000 }, "totalCash": 74000000, "externalNet": 48000000 } ], "closing": { "lab": 43000000, "restricted": 8000000, "lessor": 23000000 }, "minimum": { "lab": 0, "restricted": 8000000, "lessor": 6000000 }, "firstGap": { "lab": null, "restricted": null, "lessor": null }, "additionalPrefundedCash": { "lab": 0, "lessor": 0 }, "totalExternalNet": 48000000, "totalCash": 74000000, "interpretation": "Full-obligation cash requirements. New prefunded support is not actually supplied. No automatic sharing of party cash or funding cost for an unresolved buffer." }, "ownership": { "newShares": 400000, "postIssueOwnership": 0.09090909090909091, "scope": "Mechanical share count with one share class and no other dilution; not an economic cost or valuation estimate." }, "debt": { "newPrincipal": 0, "cashRaised": 0, "noncashLeaseDischarge": 0, "principalRepaid": 0, "principalConverted": 0 }, "cashScheduleFunded": true, "limits": "No default is inferred from a projected gap. Recipient receipts in the full plan require payer funding. Conversion requires a separately assumed right and acceptance; it raises no new cash. Solvency and commercial consent are not modeled." }, { "id": "paid_cure_window", "inputs": { "evidenceClass": "hypothetical", "unit": "USD", "opening": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "currentReceipts": 5000000, "currentLabCost": 7000000, "currentLessorCost": 18000000, "futureReceipts": 50000000, "futureLabCost": 7000000, "futureLessorCost": 15000000, "dueNow": 20000000, "dueLater": 30000000, "restrictedApplicationRequest": 0, "restrictedApplicationAllowed": false, "equityCash": 0, "premium": 1000000, "premiumRecipient": "lessor", "annualRate": 0.12, "principalSettlement": "cash", "conversionPrice": 100, "existingShares": 4000000, "facility": { "cap": 60000000, "alreadyUsed": 0, "request": 20000000, "permission": true, "settlesByDueDate": true, "form": "cash", "cashFundingCapacity": 60000000, "noteAcceptedForDischarge": false } }, "labBeforeLease": 9000000, "restrictedApplied": 0, "financing": { "amount": 20000000, "reason": "conditional scenario amount available", "headroom": 60000000, "cashProceeds": 20000000, "noncashLeaseCredit": 0 }, "actualIssuerAmounts": false, "status": "hypothetical_complete_schedule", "currentFundable": { "unfundedEssentialCosts": 0, "leaseDischarged": 20000000, "leaseStillUnfunded": 0, "cashToLessor": 20000000, "lessorCashGapAtCurrentDeadline": 0, "interpretation": "Known funds only, essential costs and premium first. Do not add this recipient gap to the lab buffer: lab support can fund the same payment." }, "interest": 394521, "plan": { "rows": [ { "id": "EQUITY-FUNDED", "date": "2027-01-01", "order": 0, "kind": "external", "account": "lab", "sign": 1, "amount": 0, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 26000000, "externalNet": 0 }, { "id": "CURRENT-CUSTOMER-RECEIPTS", "date": "2027-01-31", "order": 1, "kind": "external", "account": "lab", "sign": 1, "amount": 5000000, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 31000000, "externalNet": 5000000 }, { "id": "CURRENT-LAB-COST", "date": "2027-01-31", "order": 2, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "REDESIGN-PREMIUM", "date": "2027-01-31", "order": 3, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 1000000, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 9000000, "restricted": 8000000, "lessor": 7000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "PERMITTED-RESERVE-APPLICATION", "date": "2027-01-31", "order": 4, "kind": "transfer", "from": "restricted", "to": "lessor", "amount": 0, "before": { "lab": 9000000, "restricted": 8000000, "lessor": 7000000 }, "after": { "lab": 9000000, "restricted": 8000000, "lessor": 7000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "LOAN-CASH-RECEIVED", "date": "2027-01-31", "order": 5, "kind": "external", "account": "lab", "sign": 1, "amount": 20000000, "before": { "lab": 9000000, "restricted": 8000000, "lessor": 7000000 }, "after": { "lab": 29000000, "restricted": 8000000, "lessor": 7000000 }, "totalCash": 44000000, "externalNet": 18000000 }, { "id": "LEASE-CASH-NOW", "date": "2027-01-31", "order": 6, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 20000000, "before": { "lab": 29000000, "restricted": 8000000, "lessor": 7000000 }, "after": { "lab": 9000000, "restricted": 8000000, "lessor": 27000000 }, "totalCash": 44000000, "externalNet": 18000000 }, { "id": "CURRENT-LESSOR-COST", "date": "2027-01-31", "order": 7, "kind": "external", "account": "lessor", "sign": -1, "amount": 18000000, "before": { "lab": 9000000, "restricted": 8000000, "lessor": 27000000 }, "after": { "lab": 9000000, "restricted": 8000000, "lessor": 9000000 }, "totalCash": 26000000, "externalNet": 0 }, { "id": "FUTURE-CUSTOMER-RECEIPTS", "date": "2027-03-02", "order": 8, "kind": "external", "account": "lab", "sign": 1, "amount": 50000000, "before": { "lab": 9000000, "restricted": 8000000, "lessor": 9000000 }, "after": { "lab": 59000000, "restricted": 8000000, "lessor": 9000000 }, "totalCash": 76000000, "externalNet": 50000000 }, { "id": "FUTURE-LAB-COST", "date": "2027-03-02", "order": 9, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 59000000, "restricted": 8000000, "lessor": 9000000 }, "after": { "lab": 52000000, "restricted": 8000000, "lessor": 9000000 }, "totalCash": 69000000, "externalNet": 43000000 }, { "id": "LEASE-CASH-LATER", "date": "2027-03-02", "order": 10, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 30000000, "before": { "lab": 52000000, "restricted": 8000000, "lessor": 9000000 }, "after": { "lab": 22000000, "restricted": 8000000, "lessor": 39000000 }, "totalCash": 69000000, "externalNet": 43000000 }, { "id": "FUTURE-LESSOR-COST", "date": "2027-03-02", "order": 11, "kind": "external", "account": "lessor", "sign": -1, "amount": 15000000, "before": { "lab": 22000000, "restricted": 8000000, "lessor": 39000000 }, "after": { "lab": 22000000, "restricted": 8000000, "lessor": 24000000 }, "totalCash": 54000000, "externalNet": 28000000 }, { "id": "OUTSIDE-LOAN-REPAYMENT", "date": "2027-04-01", "order": 12, "kind": "external", "account": "lab", "sign": -1, "amount": 20394521, "before": { "lab": 22000000, "restricted": 8000000, "lessor": 24000000 }, "after": { "lab": 1605479, "restricted": 8000000, "lessor": 24000000 }, "totalCash": 33605479, "externalNet": 7605479 } ], "closing": { "lab": 1605479, "restricted": 8000000, "lessor": 24000000 }, "minimum": { "lab": 1605479, "restricted": 8000000, "lessor": 6000000 }, "firstGap": { "lab": null, "restricted": null, "lessor": null }, "additionalPrefundedCash": { "lab": 0, "lessor": 0 }, "totalExternalNet": 7605479, "totalCash": 33605479, "interpretation": "Full-obligation cash requirements. New prefunded support is not actually supplied. No automatic sharing of party cash or funding cost for an unresolved buffer." }, "ownership": { "newShares": 0, "postIssueOwnership": 0, "scope": "Mechanical share count with one share class and no other dilution; not an economic cost or valuation estimate." }, "debt": { "newPrincipal": 20000000, "cashRaised": 20000000, "noncashLeaseDischarge": 0, "principalRepaid": 20000000, "principalConverted": 0 }, "cashScheduleFunded": true, "limits": "No default is inferred from a projected gap. Recipient receipts in the full plan require payer funding. Conversion requires a separately assumed right and acceptance; it raises no new cash. Solvency and commercial consent are not modeled." }, { "id": "cure_lessor_cost_stress", "inputs": { "evidenceClass": "hypothetical", "unit": "USD", "opening": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "currentReceipts": 5000000, "currentLabCost": 7000000, "currentLessorCost": 35000000, "futureReceipts": 50000000, "futureLabCost": 7000000, "futureLessorCost": 15000000, "dueNow": 20000000, "dueLater": 30000000, "restrictedApplicationRequest": 0, "restrictedApplicationAllowed": false, "equityCash": 0, "premium": 1000000, "premiumRecipient": "lessor", "annualRate": 0.12, "principalSettlement": "cash", "conversionPrice": 100, "existingShares": 4000000, "facility": { "cap": 60000000, "alreadyUsed": 0, "request": 20000000, "permission": true, "settlesByDueDate": true, "form": "cash", "cashFundingCapacity": 60000000, "noteAcceptedForDischarge": false } }, "labBeforeLease": 9000000, "restrictedApplied": 0, "financing": { "amount": 20000000, "reason": "conditional scenario amount available", "headroom": 60000000, "cashProceeds": 20000000, "noncashLeaseCredit": 0 }, "actualIssuerAmounts": false, "status": "hypothetical_complete_schedule", "currentFundable": { "unfundedEssentialCosts": 0, "leaseDischarged": 20000000, "leaseStillUnfunded": 0, "cashToLessor": 20000000, "lessorCashGapAtCurrentDeadline": 8000000, "interpretation": "Known funds only, essential costs and premium first. Do not add this recipient gap to the lab buffer: lab support can fund the same payment." }, "interest": 394521, "plan": { "rows": [ { "id": "EQUITY-FUNDED", "date": "2027-01-01", "order": 0, "kind": "external", "account": "lab", "sign": 1, "amount": 0, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 26000000, "externalNet": 0 }, { "id": "CURRENT-CUSTOMER-RECEIPTS", "date": "2027-01-31", "order": 1, "kind": "external", "account": "lab", "sign": 1, "amount": 5000000, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 31000000, "externalNet": 5000000 }, { "id": "CURRENT-LAB-COST", "date": "2027-01-31", "order": 2, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "REDESIGN-PREMIUM", "date": "2027-01-31", "order": 3, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 1000000, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 9000000, "restricted": 8000000, "lessor": 7000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "PERMITTED-RESERVE-APPLICATION", "date": "2027-01-31", "order": 4, "kind": "transfer", "from": "restricted", "to": "lessor", "amount": 0, "before": { "lab": 9000000, "restricted": 8000000, "lessor": 7000000 }, "after": { "lab": 9000000, "restricted": 8000000, "lessor": 7000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "LOAN-CASH-RECEIVED", "date": "2027-01-31", "order": 5, "kind": "external", "account": "lab", "sign": 1, "amount": 20000000, "before": { "lab": 9000000, "restricted": 8000000, "lessor": 7000000 }, "after": { "lab": 29000000, "restricted": 8000000, "lessor": 7000000 }, "totalCash": 44000000, "externalNet": 18000000 }, { "id": "LEASE-CASH-NOW", "date": "2027-01-31", "order": 6, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 20000000, "before": { "lab": 29000000, "restricted": 8000000, "lessor": 7000000 }, "after": { "lab": 9000000, "restricted": 8000000, "lessor": 27000000 }, "totalCash": 44000000, "externalNet": 18000000 }, { "id": "CURRENT-LESSOR-COST", "date": "2027-01-31", "order": 7, "kind": "external", "account": "lessor", "sign": -1, "amount": 35000000, "before": { "lab": 9000000, "restricted": 8000000, "lessor": 27000000 }, "after": { "lab": 9000000, "restricted": 8000000, "lessor": -8000000 }, "totalCash": 9000000, "externalNet": -17000000 }, { "id": "FUTURE-CUSTOMER-RECEIPTS", "date": "2027-03-02", "order": 8, "kind": "external", "account": "lab", "sign": 1, "amount": 50000000, "before": { "lab": 9000000, "restricted": 8000000, "lessor": -8000000 }, "after": { "lab": 59000000, "restricted": 8000000, "lessor": -8000000 }, "totalCash": 59000000, "externalNet": 33000000 }, { "id": "FUTURE-LAB-COST", "date": "2027-03-02", "order": 9, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 59000000, "restricted": 8000000, "lessor": -8000000 }, "after": { "lab": 52000000, "restricted": 8000000, "lessor": -8000000 }, "totalCash": 52000000, "externalNet": 26000000 }, { "id": "LEASE-CASH-LATER", "date": "2027-03-02", "order": 10, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 30000000, "before": { "lab": 52000000, "restricted": 8000000, "lessor": -8000000 }, "after": { "lab": 22000000, "restricted": 8000000, "lessor": 22000000 }, "totalCash": 52000000, "externalNet": 26000000 }, { "id": "FUTURE-LESSOR-COST", "date": "2027-03-02", "order": 11, "kind": "external", "account": "lessor", "sign": -1, "amount": 15000000, "before": { "lab": 22000000, "restricted": 8000000, "lessor": 22000000 }, "after": { "lab": 22000000, "restricted": 8000000, "lessor": 7000000 }, "totalCash": 37000000, "externalNet": 11000000 }, { "id": "OUTSIDE-LOAN-REPAYMENT", "date": "2027-04-01", "order": 12, "kind": "external", "account": "lab", "sign": -1, "amount": 20394521, "before": { "lab": 22000000, "restricted": 8000000, "lessor": 7000000 }, "after": { "lab": 1605479, "restricted": 8000000, "lessor": 7000000 }, "totalCash": 16605479, "externalNet": -9394521 } ], "closing": { "lab": 1605479, "restricted": 8000000, "lessor": 7000000 }, "minimum": { "lab": 1605479, "restricted": 8000000, "lessor": -8000000 }, "firstGap": { "lab": null, "restricted": null, "lessor": "2027-01-31" }, "additionalPrefundedCash": { "lab": 0, "lessor": 8000000 }, "totalExternalNet": -9394521, "totalCash": 16605479, "interpretation": "Full-obligation cash requirements. New prefunded support is not actually supplied. No automatic sharing of party cash or funding cost for an unresolved buffer." }, "ownership": { "newShares": 0, "postIssueOwnership": 0, "scope": "Mechanical share count with one share class and no other dilution; not an economic cost or valuation estimate." }, "debt": { "newPrincipal": 20000000, "cashRaised": 20000000, "noncashLeaseDischarge": 0, "principalRepaid": 20000000, "principalConverted": 0 }, "cashScheduleFunded": false, "limits": "No default is inferred from a projected gap. Recipient receipts in the full plan require payer funding. Conversion requires a separately assumed right and acceptance; it raises no new cash. Solvency and commercial consent are not modeled." }, { "id": "cure_weaker_receipts", "inputs": { "evidenceClass": "hypothetical", "unit": "USD", "opening": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "currentReceipts": 5000000, "currentLabCost": 7000000, "currentLessorCost": 18000000, "futureReceipts": 35000000, "futureLabCost": 7000000, "futureLessorCost": 15000000, "dueNow": 20000000, "dueLater": 30000000, "restrictedApplicationRequest": 0, "restrictedApplicationAllowed": false, "equityCash": 0, "premium": 1000000, "premiumRecipient": "lessor", "annualRate": 0.12, "principalSettlement": "cash", "conversionPrice": 100, "existingShares": 4000000, "facility": { "cap": 60000000, "alreadyUsed": 0, "request": 20000000, "permission": true, "settlesByDueDate": true, "form": "cash", "cashFundingCapacity": 60000000, "noteAcceptedForDischarge": false } }, "labBeforeLease": 9000000, "restrictedApplied": 0, "financing": { "amount": 20000000, "reason": "conditional scenario amount available", "headroom": 60000000, "cashProceeds": 20000000, "noncashLeaseCredit": 0 }, "actualIssuerAmounts": false, "status": "hypothetical_complete_schedule", "currentFundable": { "unfundedEssentialCosts": 0, "leaseDischarged": 20000000, "leaseStillUnfunded": 0, "cashToLessor": 20000000, "lessorCashGapAtCurrentDeadline": 0, "interpretation": "Known funds only, essential costs and premium first. Do not add this recipient gap to the lab buffer: lab support can fund the same payment." }, "interest": 394521, "plan": { "rows": [ { "id": "EQUITY-FUNDED", "date": "2027-01-01", "order": 0, "kind": "external", "account": "lab", "sign": 1, "amount": 0, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 26000000, "externalNet": 0 }, { "id": "CURRENT-CUSTOMER-RECEIPTS", "date": "2027-01-31", "order": 1, "kind": "external", "account": "lab", "sign": 1, "amount": 5000000, "before": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 31000000, "externalNet": 5000000 }, { "id": "CURRENT-LAB-COST", "date": "2027-01-31", "order": 2, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 17000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "REDESIGN-PREMIUM", "date": "2027-01-31", "order": 3, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 1000000, "before": { "lab": 10000000, "restricted": 8000000, "lessor": 6000000 }, "after": { "lab": 9000000, "restricted": 8000000, "lessor": 7000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "PERMITTED-RESERVE-APPLICATION", "date": "2027-01-31", "order": 4, "kind": "transfer", "from": "restricted", "to": "lessor", "amount": 0, "before": { "lab": 9000000, "restricted": 8000000, "lessor": 7000000 }, "after": { "lab": 9000000, "restricted": 8000000, "lessor": 7000000 }, "totalCash": 24000000, "externalNet": -2000000 }, { "id": "LOAN-CASH-RECEIVED", "date": "2027-01-31", "order": 5, "kind": "external", "account": "lab", "sign": 1, "amount": 20000000, "before": { "lab": 9000000, "restricted": 8000000, "lessor": 7000000 }, "after": { "lab": 29000000, "restricted": 8000000, "lessor": 7000000 }, "totalCash": 44000000, "externalNet": 18000000 }, { "id": "LEASE-CASH-NOW", "date": "2027-01-31", "order": 6, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 20000000, "before": { "lab": 29000000, "restricted": 8000000, "lessor": 7000000 }, "after": { "lab": 9000000, "restricted": 8000000, "lessor": 27000000 }, "totalCash": 44000000, "externalNet": 18000000 }, { "id": "CURRENT-LESSOR-COST", "date": "2027-01-31", "order": 7, "kind": "external", "account": "lessor", "sign": -1, "amount": 18000000, "before": { "lab": 9000000, "restricted": 8000000, "lessor": 27000000 }, "after": { "lab": 9000000, "restricted": 8000000, "lessor": 9000000 }, "totalCash": 26000000, "externalNet": 0 }, { "id": "FUTURE-CUSTOMER-RECEIPTS", "date": "2027-03-02", "order": 8, "kind": "external", "account": "lab", "sign": 1, "amount": 35000000, "before": { "lab": 9000000, "restricted": 8000000, "lessor": 9000000 }, "after": { "lab": 44000000, "restricted": 8000000, "lessor": 9000000 }, "totalCash": 61000000, "externalNet": 35000000 }, { "id": "FUTURE-LAB-COST", "date": "2027-03-02", "order": 9, "kind": "external", "account": "lab", "sign": -1, "amount": 7000000, "before": { "lab": 44000000, "restricted": 8000000, "lessor": 9000000 }, "after": { "lab": 37000000, "restricted": 8000000, "lessor": 9000000 }, "totalCash": 54000000, "externalNet": 28000000 }, { "id": "LEASE-CASH-LATER", "date": "2027-03-02", "order": 10, "kind": "transfer", "from": "lab", "to": "lessor", "amount": 30000000, "before": { "lab": 37000000, "restricted": 8000000, "lessor": 9000000 }, "after": { "lab": 7000000, "restricted": 8000000, "lessor": 39000000 }, "totalCash": 54000000, "externalNet": 28000000 }, { "id": "FUTURE-LESSOR-COST", "date": "2027-03-02", "order": 11, "kind": "external", "account": "lessor", "sign": -1, "amount": 15000000, "before": { "lab": 7000000, "restricted": 8000000, "lessor": 39000000 }, "after": { "lab": 7000000, "restricted": 8000000, "lessor": 24000000 }, "totalCash": 39000000, "externalNet": 13000000 }, { "id": "OUTSIDE-LOAN-REPAYMENT", "date": "2027-04-01", "order": 12, "kind": "external", "account": "lab", "sign": -1, "amount": 20394521, "before": { "lab": 7000000, "restricted": 8000000, "lessor": 24000000 }, "after": { "lab": -13394521, "restricted": 8000000, "lessor": 24000000 }, "totalCash": 18605479, "externalNet": -7394521 } ], "closing": { "lab": -13394521, "restricted": 8000000, "lessor": 24000000 }, "minimum": { "lab": -13394521, "restricted": 8000000, "lessor": 6000000 }, "firstGap": { "lab": "2027-04-01", "restricted": null, "lessor": null }, "additionalPrefundedCash": { "lab": 13394521, "lessor": 0 }, "totalExternalNet": -7394521, "totalCash": 18605479, "interpretation": "Full-obligation cash requirements. New prefunded support is not actually supplied. No automatic sharing of party cash or funding cost for an unresolved buffer." }, "ownership": { "newShares": 0, "postIssueOwnership": 0, "scope": "Mechanical share count with one share class and no other dilution; not an economic cost or valuation estimate." }, "debt": { "newPrincipal": 20000000, "cashRaised": 20000000, "noncashLeaseDischarge": 0, "principalRepaid": 20000000, "principalConverted": 0 }, "cashScheduleFunded": false, "limits": "No default is inferred from a projected gap. Recipient receipts in the full plan require payer funding. Conversion requires a separately assumed right and acceptance; it raises no new cash. Solvency and commercial consent are not modeled." }, { "id": "unknown_draw_permission", "inputs": { "evidenceClass": "hypothetical", "unit": "USD", "opening": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "currentReceipts": 5000000, "currentLabCost": 7000000, "currentLessorCost": 18000000, "futureReceipts": 50000000, "futureLabCost": 7000000, "futureLessorCost": 15000000, "dueNow": 50000000, "dueLater": 0, "restrictedApplicationRequest": 0, "restrictedApplicationAllowed": false, "equityCash": 0, "premium": 0, "premiumRecipient": "outside", "annualRate": 0.12, "principalSettlement": "cash", "conversionPrice": 100, "existingShares": 4000000, "facility": { "cap": 60000000, "alreadyUsed": 0, "request": 50000000, "permission": null, "settlesByDueDate": true, "form": "cash", "cashFundingCapacity": 60000000, "noteAcceptedForDischarge": false } }, "labBeforeLease": 10000000, "restrictedApplied": 0, "financing": { "amount": null, "reason": "unresolved operative condition", "headroom": 60000000, "cashProceeds": null, "noncashLeaseCredit": null }, "actualIssuerAmounts": false, "status": "incomplete_conditions", "plan": null, "currentFundable": null, "interest": null, "ownership": null }, { "id": "unknown_reserve_right", "inputs": { "evidenceClass": "hypothetical", "unit": "USD", "opening": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "currentReceipts": 5000000, "currentLabCost": 7000000, "currentLessorCost": 18000000, "futureReceipts": 50000000, "futureLabCost": 7000000, "futureLessorCost": 15000000, "dueNow": 50000000, "dueLater": 0, "restrictedApplicationRequest": 8000000, "restrictedApplicationAllowed": null, "equityCash": 0, "premium": 0, "premiumRecipient": "outside", "annualRate": 0.12, "principalSettlement": "cash", "conversionPrice": 100, "existingShares": 4000000, "facility": { "cap": 60000000, "alreadyUsed": 0, "request": 50000000, "permission": false, "settlesByDueDate": true, "form": "cash", "cashFundingCapacity": 60000000, "noteAcceptedForDischarge": false } }, "labBeforeLease": 10000000, "restrictedApplied": null, "financing": { "amount": 0, "reason": "permission closed", "headroom": 60000000, "cashProceeds": 0, "noncashLeaseCredit": 0 }, "actualIssuerAmounts": false, "status": "incomplete_conditions", "plan": null, "currentFundable": null, "interest": null, "ownership": null }, { "id": "unknown_note_acceptance", "inputs": { "evidenceClass": "hypothetical", "unit": "USD", "opening": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "currentReceipts": 5000000, "currentLabCost": 7000000, "currentLessorCost": 18000000, "futureReceipts": 50000000, "futureLabCost": 7000000, "futureLessorCost": 15000000, "dueNow": 50000000, "dueLater": 0, "restrictedApplicationRequest": 0, "restrictedApplicationAllowed": false, "equityCash": 0, "premium": 0, "premiumRecipient": "outside", "annualRate": 0.12, "principalSettlement": "cash", "conversionPrice": 100, "existingShares": 4000000, "facility": { "cap": 60000000, "alreadyUsed": 0, "request": 40000000, "permission": true, "settlesByDueDate": true, "form": "note_to_lessor", "cashFundingCapacity": 0, "noteAcceptedForDischarge": null } }, "labBeforeLease": 10000000, "restrictedApplied": 0, "financing": { "amount": null, "reason": "unresolved operative condition", "headroom": 60000000, "cashProceeds": null, "noncashLeaseCredit": null }, "actualIssuerAmounts": false, "status": "incomplete_conditions", "plan": null, "currentFundable": null, "interest": null, "ownership": null }, { "id": "unknown_borrowing_rate", "inputs": { "evidenceClass": "hypothetical", "unit": "USD", "opening": { "lab": 12000000, "restricted": 8000000, "lessor": 6000000 }, "currentReceipts": 5000000, "currentLabCost": 7000000, "currentLessorCost": 18000000, "futureReceipts": 50000000, "futureLabCost": 7000000, "futureLessorCost": 15000000, "dueNow": 50000000, "dueLater": 0, "restrictedApplicationRequest": 0, "restrictedApplicationAllowed": false, "equityCash": 0, "premium": 0, "premiumRecipient": "outside", "annualRate": null, "principalSettlement": "cash", "conversionPrice": 100, "existingShares": 4000000, "facility": { "cap": 60000000, "alreadyUsed": 0, "request": 40000000, "permission": true, "settlesByDueDate": true, "form": "cash", "cashFundingCapacity": 60000000, "noteAcceptedForDischarge": false } }, "labBeforeLease": 10000000, "restrictedApplied": 0, "financing": { "amount": 40000000, "reason": "conditional scenario amount available", "headroom": 60000000, "cashProceeds": 40000000, "noncashLeaseCredit": 0 }, "actualIssuerAmounts": false, "status": "incomplete_debt_cost", "currentFundable": { "unfundedEssentialCosts": 0, "leaseDischarged": 50000000, "leaseStillUnfunded": 0, "cashToLessor": 50000000, "lessorCashGapAtCurrentDeadline": 0, "interpretation": "Known funds only, essential costs and premium first. Do not add this recipient gap to the lab buffer: lab support can fund the same payment." }, "plan": null, "interest": null, "ownership": null } ], "feeScreens": { "cure": { "deferredLease": 30000000, "delayDays": 30, "lessorDiscountRateAssumption": 0.12, "immediateFeePreservingPaymentPV": 278143.17462518835, "minimumWholeDollarTimingCompensation": 278144, "minimumPremiumAvoidingLessorCashGap": 0, "maximumPremiumWithNoExtraLabCash": 2605479, "benchmark": "Fully honored immediate acceleration versus 20m now and 30m later. Not a claim that the immediate counterfactual is funded, a credit-loss price or proof of creditor consent." }, "cureLessorCostStress": { "currentLessorCost": 35000000, "minimumPremiumAvoidingLessorCashGap": 9000000, "maximumPremiumWithNoExtraLabCash": 2605479, "cashFeasibleFeeIntervalExists": false, "scope": "Higher recipient costs close the fee-only liquidity solution under otherwise unchanged inputs." }, "standby": { "annualSimpleRate": 0.18, "drawDays": 60, "leaseGapBeforePremium": 40000000, "futureNetCashAvailable": 43000000, "maximumUpfrontPremium": 1764236, "benchmark": "Same receipt path, sufficient separate standby capacity and valid stress-state draw right. Fee increases required principal dollar for dollar; no fairness or market-price claim." } } }