XML 68 R54.htm IDEA: XBRL DOCUMENT v3.22.1
Loans Payable (Details Narrative) - USD ($)
1 Months Ended 9 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Mar. 31, 2022
Mar. 31, 2021
Feb. 26, 2019
Amortization Of Debt Costs     $ 33,400 $ 13,900  
BankUnited Term Loan          
Term Loan     $ 5,813,500    
Interest Rate On Borrowing     3.00%   2.75%
Term Loan Tenure     5 years    
Equal Monthly Principal Payment     $ 48,446    
Late Payment Fee, Percentage     5.00%    
Default Accrue Interest On Outstanding     5.00%    
Equipment Loan          
Interest Rate On Borrowing     3.30%    
Installment Term 52 years 60 years      
Advances $ 267,000 $ 275,000      
BankUnited [Member]          
Revolving Line Maximum Credit Limit         $ 2,000,000
Term Loan         5,813,500
Non Revolving Maximum Credit Limit         $ 10,000,000
Interest Rate On Borrowing     3.00%    
Letter Agreement [Member]          
Fixed Charge Coverage Ratio     fixed charge coverage ratio of 1.25 to 1.00 and a total leverage ratio of 4.00 to 1.00. Pursuant to the Second Amendment, compliance for both the fixed charge coverage ratio and total leverage ratio was waived for the quarter ended March 31, 2022    
Fee Paid     $ 10,000    
November 5, 2021 [Member] | Second Letter Agreement [Member]          
Fee Percentage     4.00%    
Monthly Payment Increase     $ 100,000    
Fees Payable     $ 50,000    
May 31, 2022 [Member] | Third Agreement [Member]          
Amendment Description     an amended maturity date of April 15, 2024 with respect to the Term Loan (as defined in the Amended Loan Agreement); and (ii) an amended exit fee equal to (a) 2% of the outstanding principal balance of the Term Loan on September 30, 2022, (b) 1% of the outstanding principal balance on December 31, 2022, (c) 1% of the outstanding principal balance on March 31, 2023, and (d) 4% of the outstanding principal balance on April 15, 2024 (to the extent the Term Loan is still outstanding on the respective dates and has not been refinanced with another lender).