Yes they probably are. It can spin back, albeit slowly, but it can still go back. It just stops at a certain point to come out. I will definitely go that route. A couple bucks for a nut splitter and a new bolt and nut is worth compared to the hassle of trying to save it.
That is what I thought and hoped would happen for me, but nope. Once i get the other side out, I hope it is easier.
Yeah I can spin it back, but at this point ill just break it and get a new one. Not worth all this hassle for a couple of bucks.
Thanks for everyone's replies!