Better Choice Company Inc. Annual report pursuant to Section 13 and 15(d)

Maximum borrowing capacity

$ 4.6

$ 2.0

Number of majority owners whose personal assets are pledged | owner

Line of credit

$ 4.6

Maturity date

Dec. 19, 2020

May 06, 2019

Long-term debt, interest rate

^[1]

^[2]

Line of Credit [Member] | LIBOR [Member]

Basis spread on variable interest rate

3.00%

Note Payable [Member]

Long-term debt, current portion

Accrued interest

$ 0.0

$ 1.6

Long-term debt, interest rate

26.60%

Term principal and interest due

30 days

Revolving Credit Agreement [Member]

Maximum borrowing capacity

6.2

Required amount of deposit at bank

$ 6.2

Revolving Credit Agreement [Member] | Halo Acquisition [Member]

Early termination of line of credit

$ 6.2

[1]	Interest at Bank of Montreal Prime plus 8.05%
[2]	Interest at LIBOR plus 3%

Amount of line of credit terminated early under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

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Percentage points added to the reference rate to compute the variable rate on the debt instrument.

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Contractual interest rate for funds borrowed, under the debt agreement.

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Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format.

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Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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Amount of interest payable on debt, including, but not limited to, trade payables.

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The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

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Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

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Amount of cash restricted as to withdrawal or usage. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits.

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