| Schedule of Debt [Table Text Block] |
| |
|
(in thousands) |
|
| |
|
March 31, |
|
|
December 31, |
|
| |
|
2024 |
|
|
2023 |
|
| Promissory note dated July 27, 2021, issued to Arthur Chan, which matures July 26, 2024, and bears interest at a rate of 8% per annum. |
|
$ |
2,500 |
|
|
$ |
2,500 |
|
| Unsecured promissory note dated December 28, 2022 due to a related party. The interest rate on the note is 1% and matures on December 28, 2027. |
|
|
154 |
|
|
|
154 |
|
| Promissory note dated October 1, 2021, issued to Matthew Guild as part of the SilverStreak Solutions acquisition. The interest rate on the note was 10.0%. The note matures in March 2028. |
|
|
261 |
|
|
|
264 |
|
| Promissory note dated October 1, 2021, issued to Sterling Harlan as part of the SilverStreak Solutions acquisition. The interest rate on the note was 10.0%. The note matures in March 2028. |
|
|
1,044 |
|
|
|
1,058 |
|
| Secured promissory notes dated March 6, 2023 issued to People's California, LLC, which matures in March 2028 and bears interest at a rate of 10.0% per annum on the first $3.0 million due in December 2023, and 5.0% per annum on the remaining balance through September 2023 and 10.0% per annum thereafter. Payment of the remaining balance is due in March 2028. |
|
|
22,200 |
|
|
|
22,200 |
|
| Promissory note dated May 1, 2019, assumed by the Company on July 1, 2021 in connection with the purchase of real property, from a related party. The note matures on May 15, 2039 and bears interest at a rate of 9.9% per annum. |
|
|
2,794 |
|
|
|
2,813 |
|
| Notes Payable - Promissory Notes |
|
|
28,953 |
|
|
|
28,989 |
|
| Vehicle Loans |
|
|
6 |
|
|
|
7 |
|
| Less: Short-Term Debt |
|
|
(22,573 |
) |
|
|
(22,593 |
) |
| Plus: Debt Premium, Net |
|
|
86 |
|
|
|
82 |
|
| Net Long-Term Debt |
|
$ |
6,472 |
|
|
$ |
6,485 |
|
|