XML 28 R16.htm IDEA: XBRL DOCUMENT
v3.26.1

ACCRUED EXPENSES AND DEBT | 3 Months Ended
--- | ---
Mar. 31, 2026
Accrued Expenses And Debt |
ACCRUED EXPENSES AND DEBT |
7. | ACCRUED EXPENSES AND DEBT
Accrued expenses as of March 31, 2026 and December 31, 2025 consist of the following: SCHEDULE OF ACCRUED EXPENSES
|  | March 31, 2026 |  |  | December 31, 2025 |
|  | ($ in thousands) |
Accrued expenses |  | $ | 3,993 |  |  | $ | 3,569 |
Payable to managed practices |  |  | 1,572 |  |  |  | 2,128 |
Taxes and other |  |  | 386 |  |  |  | 273 |
Total |  | $ | 5,951 |  |  | $ | 5,970 |
Bank Debt — The Company had a revolving line of credit with Silicon Valley Bank, a division of First Citizens Bank & Trust Company (“SVB”) which the Company voluntarily terminated on August 18, 2025. The Company’s credit facility was a secured revolving line of credit where borrowings were based on a formula of 200% of repeatable revenue adjusted by an annualized attrition rate as defined in the credit agreement. Interest on the revolving line of credit was charged at the prime rate plus 1.5%. There was also a fee of one-half of 1% annually for the unused portion of the credit line. The debt was secured by all of the Company’s domestic assets and 65% of the shares in its offshore subsidiaries. Interest costs on the line of credit, which are included in interest expense, were approximately $13,000 for the three months ended March 31, 2025. On August 22, 2025, the Corporation entered into a Deferred Payment Agreement with Wells Fargo for $8,250,000 pursuant to the Purchase Agreement with Medsphere. The Deferred Payment Agreement had an interest rate of 12% per year with a maturity date of February 20, 2026 and was secured by substantially all of the Company’s assets. The Deferred Payment Agreement was paid on September 3, 2025. (See Note 4.) On September 3, 2025, the Company entered into an agreement (the “Agreement”) with Provident Bank (“Provident”) whereby Provident provided the Company with an available line of credit of $10 million. The facility was secured by, among other things, a first lien security interest in substantially all of the assets and other property of the Company. The interest rate of the facility is an adjustable rate equal to the margin (300 basis points) over an independent index which is equal to the Secured Overnight Financing Rate (“SOFR”). There was no cost related to the line of credit for the three months ended March 31, 2026. The Agreement contained various covenants and conditions governing the revolving line of credit including an initial commitment fee of $35,000 and an annual fee of $35,000 thereafter. At March 31, 2026 the Company was in compliance with all covenants. Upon entering into the Agreement, the Company borrowed approximately $8.3 million on its line of credit with Provident to satisfy the obligation to Wells Fargo incurred in connection with the Medsphere acquisition. At March 31, 2026, there was no balance outstanding on the line of credit. The Agreement was terminated by the Company in April 2026. (See Note 18.) On November 7, 2025, the Company entered into a five-year loan agreement with Republic Bank & Trust Company for $1,032,000 for the purchase of an aircraft, which serves as security for the loan. The interest rate on the loan is fixed at 6.75% and is guaranteed by the Company. The Company plans to liquidate this loan within the next two years. The Company maintains cash balances at Provident in excess of the FDIC insurance coverage limits. The Company performs periodic evaluations of the relative credit standing of Provident to ensure its credit worthiness. As of March 31, 2026 and December 31, 2025, the Company held cash of approximately $547,000 and $1.1 million, respectively, in the name of its subsidiaries at banks in Pakistan and Sri Lanka. The banking systems in these countries do not provide deposit insurance coverage. The Company has not experienced any losses on its cash accounts.

X
- Definition Accrued Liabilities and Debt Disclosure [Text Block] + References No definition available. + Details
Name: | CCLD_AccruedLiabilitiesAndDebtDisclosureTextBlock
Namespace Prefix: | CCLD_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | CCLD_DisclosureAccruedExpensesAndDebtAbstract
Namespace Prefix: | CCLD_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration