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Subsequent Event
3 Months Ended
Mar. 31, 2020
Subsequent Events [Abstract]  
Subsequent Event

Note 11. Subsequent Event

 

On April 17, 2020, the Company borrowed $202,052 under the Small Business Administration Paycheck Protection Program (“PPP Loan”). The PPP Loan requires no collateral, has a 1% fixed annual interest rate, has a term of two years, and has no prepayment penalties or fees. All or some of the PPP Loan may be forgiven for the amounts spent by the Company, subject to certain conditions and limitations, on authorized expenses such as payroll, rent and utilities over the eight weeks after receiving the loan.