| Schedule of Short-term and Long-term Debt |
Schedule of Short-term and Long-term Debt
| (in thousands) |
|
As
of
September 30, 2022 |
|
|
As of
December 31, 2021 |
|
| Senior Secured Convertible Debenture |
|
|
500 |
|
|
$ |
500 |
|
| EIDL Loan |
|
|
200 |
|
|
|
|
|
| Debt Discount |
|
|
(382 |
) |
|
|
(467 |
) |
| Senior Secured Convertible Debenture, net |
|
|
318 |
|
|
|
33 |
|
| Paycheck Protection Program loan |
|
|
1,000 |
|
|
|
1,000 |
|
| Paycheck Protection Program loan 2 |
|
|
766 |
|
|
|
1,900 |
|
| IPFS Insurance Premium Note Payable |
|
|
- |
|
|
|
11 |
|
| Total debt |
|
|
2,084 |
|
|
|
2,944 |
|
| Less current portion of long-term debt |
|
|
(344 |
) |
|
|
(1,011 |
) |
| Total long-term debt, net of current portion |
|
$ |
1,740 |
|
|
$ |
1,933 |
|
|
Schedule
of Short-term and Long-term Debt
| (in thousands) |
|
As of
December 31, 2021
|
|
|
As of
December 31, 2020
|
|
| Senior Secured Convertible Debenture |
|
|
500 |
|
|
|
|
|
| Debt Discount |
|
|
(467 |
) |
|
|
- |
|
| EDIL Loan |
|
|
|
|
|
|
|
|
| Senior Secured Convertible Debenture, net |
|
|
33 |
|
|
|
- |
|
| Paycheck Protection Program loan |
|
|
1,000 |
|
|
|
1,900 |
|
| Paycheck Protection Program loan 2 |
|
|
1,900 |
|
|
|
- |
|
| IPFS Insurance Premium Note Payable |
|
|
11 |
|
|
|
- |
|
| Total debt |
|
|
2,944 |
|
|
|
1,900 |
|
| Less current portion of long-term debt |
|
|
(1,011 |
) |
|
|
- |
|
| Total long-term debt, net of current portion |
|
$ |
1,933 |
|
|
$ |
1,900 |
|
|
| Schedule Short-term Related Party Debt |
Schedule Short-term Related Party Debt
| (in thousands) |
|
As
of
September 30, 2022 |
|
|
As of
December 31, 2021 |
|
| Senior Secured Convertible Debenture - related party |
|
$ |
1,178 |
|
|
$ |
346 |
|
| Debt Discount-related party |
|
|
- |
|
|
|
(204 |
) |
| Senior Secured Convertible Debenture - related party, net |
|
$ |
1,178 |
|
|
$ |
142 |
|
|
Schedule
of Short-term Related Party Debt
| (in thousands) |
|
As of
December 31, 2021
|
|
|
As of
December 31, 2020
|
|
| Senior Secured Convertible Debenture - related party |
|
$ |
346 |
|
|
$ |
-
|
|
| Debt Discount-related party |
|
|
(204 |
) |
|
|
|
|
| Senior Secured Convertible Debenture - related party, net |
|
|
142 |
|
|
$ |
- |
|
|
| Schedule of Debt Maturities |
The
following is a summary of scheduled debt maturities by year (in thousands):
Schedule of Debt Maturities
| |
|
|
|
|
| 2022 |
|
$ |
1,216 |
|
| 2023 |
|
|
353 |
|
| 2024 |
|
|
353 |
|
| 2025 |
|
|
353 |
|
| 2026 |
|
|
353 |
|
| Thereafter |
|
|
633 |
|
| Total debt |
|
$ |
3,262 |
|
|
The
following is a summary of scheduled debt maturities by year (in thousands):
Schedule of Debt Maturities
| |
|
|
|
- |
|
| 2022 |
|
|
$ |
1,153 |
|
| 2023 |
|
|
|
- |
|
| 2024 |
|
|
|
- |
|
| 2025 |
|
|
|
- |
|
| |
|
|
|
- |
|
| 2026 |
|
|
|
1,933 |
|
| Thereafter |
|
|
|
- |
|
| Total debt |
|
|
$ |
3,086 |
|
|