XML 57 R43.htm IDEA: XBRL DOCUMENT v3.21.2
Bank Loan Agreements (Details Narrative) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2021
Jun. 30, 2021
Line of Credit Facility [Line Items]    
Long-term Line of Credit $ 29,500 $ 3,750
Interest expense 358  
Silicon Valley Bank [Member]    
Line of Credit Facility [Line Items]    
Long-term Line of Credit 17,500  
Line of Credit Facility, Maximum Borrowing Capacity $ 2,500  
Maturity date Feb. 02, 2026  
Silicon Valley Bank [Member] | Senior Credit Facilities [Member]    
Line of Credit Facility [Line Items]    
Interest rate description Advances under the Senior Credit Facilities bear interest at LIBOR or the Prime Rate, at the option of Lantronix, plus a margin that ranges from 3.00% to 4.00% in the case of LIBOR and 1.50% to 2.50% in the case of the Prime Rate, depending on the total leverage of the Borrowers and their subsidiaries with a LIBOR floor of 0.50% and a Prime Rate floor of 3.25%.  
Minimum liquidity $ 5,000  
Silicon Valley Bank [Member] | Mezzanine Credit Facility [Member]    
Line of Credit Facility [Line Items]    
Interest rate description Advances under the Mezzanine Credit Facility bear interest at LIBOR or the Prime Rate, at the option of Lantronix, plus a margin of 9.00% with a floor of 1.00% in the case of LIBOR and a margin of 7.50% with a floor of 3.50% in the case of the Prime Rate.  
Minimum liquidity $ 3,000