Quarterly report pursuant to Section 13 or 15(d)

LINE OF CREDIT (Details Narrative)

v3.22.2.2
LINE OF CREDIT (Details Narrative) - Pinnacle Bank [Member] - Loan and Security Agreement [Member]
$ in Thousands
 9 Months Ended
Sep. 30, 2022
USD ($)
Debt Instrument [Line Items]  
Proceeds from advanced on revolving credit facility $ 0
Line of credit remaining borrowing capacity $ 2,920
Line of credit facility, description The Loan Agreement, as amended, provides for a revolving credit facility under which Pinnacle may make advances to the Company, subject to certain limitations and adjustments, of up to (a) 85% of the aggregate net face amount of the Company’s accounts receivable and other contract rights and receivables, plus (b) the lesser of (i) 35% of the lower of cost or wholesale market value of certain inventory of the Company or (ii) $2,500.
Line of credit $ 4,000
Line of credit facility, interest rate description Interest accrues on the daily balance at a rate of 1.25% above the prime rate, but in no event less than 3.75% per annum.
Line of credit facility, expiration date Sep. 30, 2022
Line of credit facility, fee percentage 1.125%
Standard Interest Rate [Member]  
Debt Instrument [Line Items]  
Line of credit facility, interest rate during period 1.25%
Standard Interest Rate [Member] | Maximum [Member]  
Debt Instrument [Line Items]  
Line of credit facility, interest rate during period 3.75%
Inventory Interest Rate [Member]  
Debt Instrument [Line Items]  
Line of credit facility, interest rate during period 2.25%
Inventory Interest Rate [Member] | Maximum [Member]  
Debt Instrument [Line Items]  
Line of credit facility, interest rate during period 4.75%