NOTES PAYABLE |
6 Months Ended | ||||||||||||||||||||||||||||||||||||
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Jun. 30, 2023 | |||||||||||||||||||||||||||||||||||||
| Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||
| NOTES PAYABLE |
NOTE 4 – NOTES PAYABLE
Notes payable consist of the following:
In 2018 and 2019, the Company entered into five financing agreements for the purchase of equipment. The financing arrangements are for a term of 2 years to 5 years, with interest rates ranging from 3.4% to 5.0% per annum, and secured by the purchased equipment. The aggregate monthly payments of principal and interest of the outstanding notes payable as of June 30, 2023 is approximately $20 and are due through December 2023.
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