Urgent.ly Inc. Q1 2025 10-Q: Credit Facilities Detailed
Ticker: ULY · Form: 10-Q · Filed: May 14, 2025 · CIK: 1603652
| Field | Detail |
|---|---|
| Company | Urgent.Ly Inc. (ULY) |
| Form Type | 10-Q |
| Filed Date | May 14, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, credit-facility, financial-reporting, debt
TL;DR
**URGENTLY Q1 10-Q FILED: CREDIT FACILITY DETAILS OUT**
AI Summary
Urgent.ly Inc. filed its 10-Q for the period ending March 31, 2025. The filing details financial activities including credit facilities and equity plans. Notably, the company has a Midcap Financial Revolving Credit Facility and a Highbridge Capital Term Loan, with specific dates related to their terms and maximums mentioned.
Why It Matters
This filing provides insight into Urgent.ly's financial structure and debt obligations, which can impact its operational flexibility and future investment capacity.
Risk Assessment
Risk Level: medium — The filing details credit facilities and term loans, indicating potential financial leverage and associated risks.
Key Numbers
- 2025-03-31 — Reporting Period End Date (Indicates the financial snapshot date)
- 2025-02-26 — Midcap Facility Date (Specific date associated with the credit facility)
- 2025-03-31 — Highbridge Loan Maximum Date (Date for maximum of the term loan)
Key Players & Entities
- Urgent.ly Inc. (company) — Filer of the 10-Q
- Midcap Financial Revolving Credit Facility (company) — Credit facility mentioned in the filing
- Highbridge Capital Term Loan (company) — Term loan mentioned in the filing
- 2025-03-31 (date) — End of reporting period
- 2025-02-26 (date) — Date related to Midcap Financial Revolving Credit Facility
FAQ
What is the total outstanding balance on the Midcap Financial Revolving Credit Facility as of March 31, 2025?
The filing does not specify the outstanding balance for the Midcap Financial Revolving Credit Facility as of March 31, 2025, but mentions the facility itself and a date of 2025-02-26.
What is the maximum amount available under the Highbridge Capital Term Loan as of March 31, 2025?
The filing indicates a maximum for the Highbridge Capital Term Loan as of March 31, 2025, but does not state the specific dollar amount.
What were Urgent.ly Inc.'s Research and Development expenses for the first quarter of 2024?
The filing provides a date range for Research and Development Expense as 2024-01-01 to 2024-03-31, but does not state the specific dollar amount.
When was the TwoThousandTwentyThreeEquityIncentivePlan established?
The TwoThousandTwentyThreeEquityIncentivePlan was established on 2023-06-16.
What is the fair value measurement context for Level 3 inputs on March 31, 2025?
On March 31, 2025, Urgent.ly Inc. utilized Level 3 inputs for recurring fair value measurements, specifically related to derivative financial instruments liabilities.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 14, 2025 regarding Urgent.ly Inc. (ULY).