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Long-term Debt - Loan With Encina Business Credit, LLC - Additional Information (Details) |  | 3 Months Ended | 7 Months Ended | 12 Months Ended
--- | --- | --- | --- | ---
Jul. 14, 2020 USD ($) Borrower | Jul. 14, 2023 USD ($) | Jan. 31, 2021 | Sep. 30, 2020
Encina Business Credit, LLC |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Revolving credit conversion to term loan, description |  |  |  | one-month London interbank offered rate (“LIBOR”) plus the applicable margin.
Interest rate description |  |  |  | The applicable margin ranges from 4.50% to 5.50% per annum (subject to a LIBOR floor of 1.00%) and is determined based on a pricing grid based on the Borrowers’ inventory-to-accounts receivable availability ratio and average Revolving Loan excess availability. The applicable margin through January 31, 2021 is 5.50%. The Term Loan bears interest at an interest rate equal to LIBOR plus 6.50%.
Maturity date | Jul. 14, 2023 |  |  |
Debt periodic payment | $ 29,000 |  |  |
Debt periodic frequency | monthly |  |  |
Percentage of termination fee up to the first anniversary of the closing date | 3.00% |  |  |
Termination fee up to the first anniversary of the closing date | $ (23,500,000) |  |  |
Percentage of termination fee before the second anniversary of the closing date | 1.00% |  |  |
Percentage of termination fee before the third anniversary of the closing date | 0.50% |  |  |
Commitment fee description |  |  |  | during the three months preceding the Scheduled Maturity Date, no early termination fee will be payable so long as Borrowers provide at least 90-days’ prior written notice to Agent of such proposed Revolving Loan Commitment termination.
Encina Business Credit, LLC | Scenario Forecast |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Interest rate during period |  |  | 5.50% |
Early termination fee |  | $ 0 |  |
Encina Business Credit, LLC | Minimum |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Interest rate during period | 4.50% |  |  |
Encina Business Credit, LLC | Maximum |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Interest rate during period | 5.50% |  |  |
Precision Industries, Inc. |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Percentage of issued and outstanding shares | 100.00% |  |  |
Precision Industries, Inc. | Encina Business Credit, LLC | Loan Agreement |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Percentage of issued and outstanding shares | 100.00% |  |  |
Encina Loans | Encina Business Credit, LLC | Loan Agreement |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Secured term loan amount | $ 1,720,000 |  |  |
Secured term loan threshold amount | 23,500,000 |  |  |
Line of credit facility beginning amount subject to eligible inventory sublimit | 14,000,000 |  |  |
Line of credit facility declined amount subject to eligible inventory sublimit | $ 12,000,000 |  |  |
Revolving Loans | Encina Business Credit, LLC | LIBOR |  |  |  |
Debt Instrument [Line Items] |  |  |  |
LIBOR floor rate | 1.00% |  |  |
Term Loan | Encina Business Credit, LLC |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Interest rate at period end | 6.50% |  |  |
Accounts Receivable | Encina Loans | Encina Business Credit, LLC | Loan Agreement |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Percentage of eligible accounts receivable | 85.00% |  |  |
Number of borrowers | Borrower | 2 |  |  |
Inventory | Encina Loans | Encina Business Credit, LLC | Loan Agreement |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Percentage of eligible accounts receivable | 85.00% |  |  |
Number of borrowers | Borrower | 2 |  |  |

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