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v3.22.2.2

Bank Debt (Details) | 3 Months Ended | 12 Months Ended |  |  |
--- | --- | --- | --- | --- | ---
Mar. 31, 2030 USD ($) | Mar. 31, 2022 USD ($) | Jun. 30, 2020 USD ($) | Dec. 31, 2020 USD ($) | Dec. 31, 2022 | Dec. 31, 2021 | Mar. 31, 2020 USD ($)
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |
Mortgage debt |  | $ 2,000,000 |  |  |  |  |
Interest fixed rate |  | 3.58% |  |  |  |  |
Bearing interest percentage |  | 3.53% |  |  |  |  |
Minimum debt service coverage ratio |  |  |  |  |  | 1.35 |
Outstanding amount of loan |  | $ 1,000,000 |  |  |  |  |
Minimum [Member] |  |  |  |  |  |  |
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |
Outstanding principal balance |  | 4,233,957 |  |  |  |  |
Maximum [Member] |  |  |  |  |  |  |
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |
Outstanding principal balance |  | 6,233,957 |  |  |  |  |
Gorham Savings Bank [Member] |  |  |  |  |  |  |
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |
Debt financing |  |  |  |  |  |  | $ 8,600,000
Line of credit |  |  |  |  |  |  | $ 1,000,000
Escrow account |  | 1,400,000 |  |  |  |  |
Balloon principal payment |  | 3,683,544 |  |  |  |  |
Gorham Savings Bank [Member] | Loan #6 [Member] |  |  |  |  |  |  |
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |
Escrow account |  | $ 5,100,000 |  |  |  |  |
Fixed interest rate |  | 3.50% |  |  |  |  |
Interest payments, term |  | 10 |  |  |  |  |
Loan amortization, term |  | 25 years |  |  |  |  |
Gorham Savings Bank [Member] | Loan #7 [Member] |  |  |  |  |  |  |
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |
Debt financing |  | $ 3,500,000 |  |  |  |  |
Fixed interest rate |  | 3.50% |  |  |  |  |
Loan amortization, term |  | 7 years |  |  |  |  |
Variable interest rate with LIBOR, description |  | The line of credit is available as needed through March 11, 2024. Interest on borrowings against the line of credit is variable at the National Prime Rate plus 0.00% per annum. There was no outstanding balance under this line of credit as of March 31, 2022 or December 31, 2021. |  |  |  |  |
Debt issue costs |  | $ 39,789 |  |  |  |  |
Gorham Savings Bank [Member] | Loans #10 [Member] |  |  |  |  |  |  |
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |
Debt financing |  |  |  | $ 1,500,000 |  |  |
Fixed interest rate |  |  |  | 3.50% |  |  |
Loan amortization, term |  |  |  | 7 years |  |  |
Debt issue costs |  | 11,075 |  |  |  |  |
Maine Technology Institute [Member] | Loan #6 [Member] |  |  |  |  |  |  |
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |
Debt financing |  | 1,400,000 |  |  |  |  |
Proceeds from issuance of loan |  | $ 624,167 |  |  |  |  |
Loan to value ratio |  | 80.00% |  |  |  |  |
Maine Technology Institute [Member] | Loan #9 [Member] |  |  |  |  |  |  |
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |
Variable interest rate with LIBOR, description |  | The first 27 months of this loan are interest-free with no interest accrual or required principal payments. Principal and interest payments at a fixed rate of 5% per annum are due quarterly over the final five years of the loan, beginning during the fourth quarter of 2022 and continuing through the third quarter of 2027. On June 30, 2021, we executed definitive agreements covering a second loan from the MTI (Loan #11) in the aggregate principal amount of $400,000, which proceeds were received in July 2021. The first 24 months of this loan are interest-free with no interest accrual or required principal payments. Beginning in July 2023, principal and interest payments are due quarterly at a fixed rate of 5% per annum based on a 5.5-year amortization schedule until December 2028. These credit facilities are unsecured and subordinated to our indebtedness to Gorham Savings Bank, which senior indebtedness is secured by mortgages and security interests with respect to substantially all of our assets. Failure to make timely payments of principal and interest, or otherwise to comply with the terms of the agreements with the MTI, would entitle the MTI to accelerate the maturity of such debt and demand repayment in full. These loans may be prepaid without penalty at any time. |  |  |  |  |
Proceeds from issuance of loan |  |  | $ 500,000 |  |  |  |
Paycheck Protection Program [Member] | Loan #8 [Member] |  |  |  |  |  |  |
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |
Variable interest rate with LIBOR, description |  | We used the proceeds only for eligible payroll costs incurred and paid during the 24-week period beginning April 13, 2020. |  |  |  |  |
Proceeds from issuance of loan |  |  | $ 937,700 |  |  |  |
Forecast [Member] |  |  |  |  |  |  |
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |
Minimum debt service coverage ratio |  |  |  |  | 1 |  |
Forecast [Member] | Gorham Savings Bank [Member] | Loan #6 [Member] |  |  |  |  |  |  |
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |
Balloon principal payment | $ 3,145,888 |  |  |  |  |  |
Forecast [Member] | Mortgage Note [Member] | Loan #6 [Member] |  |  |  |  |  |  |
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |
Balloon principal payment | $3,145,888 |  |  |  |  |  |

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- Definition The designation of funds furnished by a borrower to a lender to assure future payments of the borrower's real estate taxes and insurance obligations with respect to a mortgaged property. Escrow deposits may be made for a variety of other purposes such as earnest money and contingent payments. This element excludes replacement reserves which are an escrow separately provided for within the US GAAP taxonomy. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.10) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 954 -SubTopic 440 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=6491277&loc=d3e6429-115629 + Details
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