+       Elf32_Phdr *phdr = phdrs;
+       flash_seg_t *seg;
+       uint32_t last_end = 0;
+
+       ctx->segments = malloc(sizeof(flash_seg_t) * num_phdrs);
+       if (!ctx->segments) {
+               fprintf(stderr, "Out of memory\n");
+               return -1;
+       }
+       ctx->num_segs = 0;
+       seg = ctx->segments;
+
+       fprintf(stderr, "Loading usable ELF segments:\n");
+       for (int i = 0; i < num_phdrs; i++) {
+               if (le32(phdr->p_type) != PT_LOAD) {
+                       phdr++;
+                       continue;
+               }
+               uint32_t vaddr = le32(phdr->p_vaddr);
+               uint32_t paddr = le32(phdr->p_paddr);
+               uint32_t filesz = le32(phdr->p_filesz);
+               uint32_t memsz = le32(phdr->p_memsz);
+               uint32_t offset = le32(phdr->p_offset);
+               uint32_t flags = le32(phdr->p_flags);
+               if (!filesz) {
+                       phdr++;
+                       continue;
+               }
+               fprintf(stderr, "%d: V 0x%08x P 0x%08x (0x%08x->0x%08x) [%c%c%c] @0x%x\n",
+                       i, vaddr, paddr, filesz, memsz,
+                       flags & PF_R ? 'R' : ' ',
+                       flags & PF_W ? 'W' : ' ',
+                       flags & PF_X ? 'X' : ' ',
+                       offset);
+               if (filesz != memsz) {
+                       fprintf(stderr, "Error: PHDR file size does not equal memory size\n"
+                                       "(DATA+BSS PHDRs do not make sense on ROM platforms!)\n");
+                       return -1;
+               }
+               if (paddr < last_end) {
+                       fprintf(stderr, "Error: PHDRs not sorted or overlap\n");
+                       return -1;
+               }
+               if (paddr < FLASH_START || (paddr+filesz) > FLASH_END) {
+                       fprintf(stderr, "Error: PHDR is not contained in Flash\n");
+                       return -1;
+               }
+               if (vaddr >= FLASH_START && vaddr < FLASH_END && (flags & PF_W)) {
+                       fprintf(stderr, "Error: Flash VMA segment is writable\n");
+                       return -1;
+               }
+
+               uint8_t *data;
+               // make extra space if we need to move the data forward
+               data = malloc(filesz + BLOCK_SIZE);
+               if (!data) {
+                       fprintf(stderr, "Out of memory\n");
+                       return -1;
+               }
+               if (fseek(fd, offset, SEEK_SET) < 0 || fread(data, 1, filesz, fd) != filesz) {
+                       fprintf(stderr, "Error while reading PHDR payload\n");
+                       free(data);
+                       return -1;
+               }
+
+               uint32_t block_offset = paddr & (BLOCK_SIZE-1);
+               if (block_offset) {
+                       if (ctx->num_segs) {
+                               flash_seg_t *prev_seg = seg - 1;
+                               uint32_t this_end = paddr + filesz;
+                               uint32_t this_firstblock = paddr & ~(BLOCK_SIZE-1);
+                               uint32_t prev_lastblock = (last_end - 1) & ~(BLOCK_SIZE-1);
+
+                               if (this_firstblock == prev_lastblock) {
+                                       uint32_t new_length = this_end - prev_seg->start;
+                                       uint32_t this_offset = paddr - prev_seg->start;
+                                       uint32_t hole = this_offset - prev_seg->length;
+                                       uint8_t *new_data = malloc(new_length);
+                                       if (!new_data) {
+                                               fprintf(stderr, "Out of memory\n");
+                                               free(data);
+                                               return -1;
+                                       }
+                                       memset(new_data, 0xff, new_length);
+                                       memcpy(new_data, prev_seg->data, prev_seg->length);
+                                       memcpy(new_data + this_offset, data, filesz);
+                                       fprintf(stderr, "Note: Extending previous segment from 0x%x to 0x%x bytes\n",
+                                               prev_seg->length, new_length);
+                                       if (hole)
+                                               fprintf(stderr, "Note: 0x%x-byte hole created\n", hole);
+                                       free(data);
+                                       free(prev_seg->data);
+                                       prev_seg->data = new_data;
+                                       prev_seg->length = new_length;
+                                       last_end = this_end;
+                                       phdr++;
+                                       continue;
+                               }
+                       }
+                       fprintf(stderr, "Warning: segment does not begin on a block boundary, will pad\n");
+                       memmove(data + block_offset, data, filesz);
+                       memset(data, 0xFF, block_offset);
+                       filesz += block_offset;
+                       paddr -= block_offset;
+               }
+
+               seg->data = data;
+               seg->start = paddr;
+               seg->length = filesz;
+               seg++;
+               ctx->num_segs++;
+
+               last_end = paddr + filesz;
+               phdr++;
+       }
+       return 0;