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Notes Payable (Tables) | 3 Months Ended
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Mar. 31, 2022
Debt Disclosure [Abstract] |
Schedule of Notes Payable | Notes payable consisted of the following: Schedule of Notes Payable
(Dollars in thousands) |  | March 31, 2022 |  |  | December 31, 2021 |
Notes payable bearing interest at 5.00%. Principal and accrued interest is payable in six equal installments on each six-month anniversary of the issuance date of January 11, 2019. The notes are secured by the security interests and subordinated to the Company’s senior indebtedness. |  | $ | - |  |  | $ | 124 |
Promissory note payable bearing interest of 5.2%. The note has a 46-month term with maturity in May 2023. Principal and accrued interest are paid in accordance with a monthly amortization schedule. The note is secured by the assets of Craft C+B. |  |  | 67 |  |  |  | 79 |
Promissory note payable bearing interest of 4.45%. The note has a 34-month term with maturity in May 2022. Principal and accrued interest are paid in accordance with a monthly amortization schedule. The note is secured by the assets of Craft C+B and includes certain affirmative and financial covenants. Craft C+B was not in compliance with the covenants as of March 31, 2022. |  |  | 28 |  |  |  | 56 |
Promissory note payable under a revolving line of credit bearing variable interest starting at 3.25%. The note has a 15-month term with principal and accrued interest due in lump sum in January 2022. The borrowing limit is $0.5 million. The note is secured by the assets of Craft C+B and includes certain affirmative and financial covenants. Craft C+B was not in compliance with the covenants as of March 31, 2022 and is in discussions with First International Bank (“FIB”) on a forbearance agreement and amendment extending the maturity. |  |  | 500 |  |  |  | 500 |
Promissory note payable bearing interest of 4.14%. The note has a 60-month term with maturity in July 2024. Principal and accrued interest are paid in accordance with a monthly amortization schedule. The note is secured by the assets of Craft C+B. |  |  | 98 |  |  |  | 108 |
Promissory note payable bearing interest of 3.91%. The note has a 60-month term with maturity in August 2024. Principal and accrued interest are paid in accordance with a monthly amortization schedule. The note is secured by the assets of Craft C+B. |  |  | 152 |  |  |  | 167 |
Promissory note payable bearing interest of 3.96%. The note has a 60-month term with maturity in November 2024. Principal and accrued interest are paid in accordance with a monthly amortization schedule. The note is secured by the assets of Craft C+B. |  |  | 166 |  |  |  | 182 |
Promissory notes payable bearing interest of 6.0%. The notes have a 36-month term with maturity in April 2024. Accrued interest is paid in accordance with a monthly amortization schedule. |  |  | 7,751 |  |  |  | 7,751 |
Total notes payable |  |  | 8,762 |  |  |  | 8,967 |
Less current portion |  |  | (744 | ) |  |  | (894 | )
Long-term portion of notes payable |  | $ | 8,018 |  |  | $ | 8,073 |
Schedule of Maturities on Notes Payable | Maturities on notes payable as of March 31, 2022 were as follows: Schedule of Maturities on Notes Payable
(Dollars in thousands) |  |  |
2022 |  | $ | 744 |
2023 |  |  | 140 |
2024 |  |  | 7,878 |
2025 |  |  | - |
2026 |  |  | - |
Thereafter |  |  | - |
Total |  | $ | 8,862 |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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