Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.22.1
Debt (Tables)
3 Months Ended
Mar. 31, 2022
Debt  
Schedule of debt

Long-term debt consisted of the following (amounts in thousands):

    

March 31, 2022

    

December 31, 2021

3.75% Small Business Administration installment loan due May 2050

$

172

$

171

Notes payable:

Non-interest-bearing promissory note due July 1, 2022

210

210

2.5% director and officer insurance policy promissory note due July 31, 2022

96

385

6.0 % executive and officer insurance policy promissory note due October 9, 2022

132

211

Total debt

610

977

Less current portion of the Small Business Administration Loan

(21)

(25)

Less current portion of notes payable

(438)

(806)

Long-term debt, net of current portion

$

151

$

146