Midway Games has finagled a bit more time to settle its roughly $150 million in debt, but it’s hard to see how that would materially change matters for the troubled game publisher. Under a new forbearance agreement contained in this SEC filing, the company now has until Feb. 19 to pay back 7.125 percent of its convertible notes. (Via SAI.)

SEE ALSO: Layoffs Roundup: Sun Media; Midway Games; Gaia Online; American Media

As of Oct. 31, Midway had only about $10 million in cash and in December it cut 25 percent of its staff, closed its Austin studio and suspended development on non-core games. Two weeks prior to that, Sumner Redstone sold National Amusement’s 87 percent stake to investor Mark Thomas for a paltry $100,000 in cash.