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v3.22.2.2

Debt and Shareholders' Equity (Details Narrative) |  | 1 Months Ended | 3 Months Ended | 9 Months Ended |  |
--- | --- | --- | --- | --- | --- | ---
Nov. 08, 2022 | May 31, 2022 USD ($) | Sep. 30, 2022 USD ($) shares | Sep. 30, 2021 shares | Sep. 30, 2022 USD ($) shares | Sep. 30, 2021 USD ($) shares | May 30, 2022 USD ($) | Dec. 31, 2021 USD ($)
Long Term Debt And Stockholders Equity [Line Items] |  |  |  |  |  |  |  |
Aggregate proceeds from exercise of employee stock options |  |  | $ 67,658 |  | $ 77,658 |  |  |
Cash settlement of stock options |  |  |  |  | $ 108,000 | $ 211,000 |  |
Common Stock |  |  |  |  |  |  |  |
Long Term Debt And Stockholders Equity [Line Items] |  |  |  |  |  |  |  |
Issuance of common stock (shares) | shares |  |  | 5,239 | 30,479 | 5,966 | 220,774 |  |
Stock issued during period shares new issues related to net share settlement | shares |  |  | 8,117 |  | 8,117 |  |  |
Minimum | Subsequent Event |  |  |  |  |  |  |  |
Long Term Debt And Stockholders Equity [Line Items] |  |  |  |  |  |  |  |
Credit facility interest rate | SOFR +1.75% |  |  |  |  |  |  |
Increased ratio of funded debt to EBITDA | 4.75 |  |  |  |  |  |  |
Maximum | Subsequent Event |  |  |  |  |  |  |  |
Long Term Debt And Stockholders Equity [Line Items] |  |  |  |  |  |  |  |
Credit facility interest rate | SOFR + 2.35% |  |  |  |  |  |  |
Increased ratio of funded debt to EBITDA | 5.75 |  |  |  |  |  |  |
HSBC Bank |  |  |  |  |  |  |  |
Long Term Debt And Stockholders Equity [Line Items] |  |  |  |  |  |  |  |
Credit facility borrowing capacity |  | $ 65,000,000 |  |  |  |  | $ 50,000,000 |
Credit facility interest rate |  | Secured Overnight Financing Rate (“SOFR”) plus 1.75% |  |  |  |  |  |
Revolving agreement expiration date |  | May 31, 2026 |  |  |  |  |  |
Facility fee per annum |  | 0.125% |  |  |  |  |  |
Outstanding borrowings under revolving loan agreement |  |  | $ 57,131,000 |  | $ 57,131,000 |  |  | $ 33,037,000
HSBC Bank | Secured Overnight Financing Rate (“SOFR”) |  |  |  |  |  |  |  |
Long Term Debt And Stockholders Equity [Line Items] |  |  |  |  |  |  |  |
Interest rate |  | 1.75% |  |  |  |  |  |
First Aid Only Distribution Center |  |  |  |  |  |  |  |
Long Term Debt And Stockholders Equity [Line Items] |  |  |  |  |  |  |  |
Covenant terms and compliance |  |  |  |  | Under the revolving loan agreement, the Company is required to maintain specific amounts of funded debt to EBITDA, a fixed charge coverage ratio and must have annual net income greater than $0, measured as of the end of each fiscal year.commencing in the third quarter of 2022 and includes an increase in the funded debt to EBITDA ratio for the four quarters ranging from a low of 4.75 to 1 to a high of 5.75 to 1. The amendment also increases the interest rate from SOFR +1.75% up to a high of SOFR + 2.35% on a basis that varies on a quarterly basis with the leverage ratio. The increase in the ratio brought the Company into compliance with the covenant as of September 30, 2022, and going forward, provides the Company with flexibility to conduct its business in light of current and anticipated economic conditions. As of September 30, 2022, the Company was in compliance with the covenants under the revolving loan agreement, as amended |  |  |
Fixed interest rate |  |  | 3.80% |  | 3.80% |  |  |
Mortgage maturity date |  |  |  |  | December 1, 2031 |  |  |

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