XML 38 R28.htm IDEA: XBRL DOCUMENT v3.21.2
Long Term Debt (Details Narrative) - Loan Agreement [Member] - USD ($)
3 Months Ended 6 Months Ended
Feb. 28, 2020
Dec. 28, 2018
Jun. 30, 2021
Sep. 30, 2021
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]        
Debt Instrument, Covenant Description       The Agreement contains customary covenants for credit facilities of this type including limitations on change in control, disposition of assets, mergers and reorganizations. The Company is also obligated to meet certain financial covenants under the Agreement and requires senior debt to earnings before interest, taxes, depreciation and amortization (“EBITDA”) ratios (Senior Debt/EBITDA) less than or equal to 4.00 to 1.00 measured with respect to the four trailing quarters and minimum interest coverage ratios (EBITDA/Interest Expense) of 2.00 to 1.00 for each quarter
West Texas National Bank [Member]        
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]        
Line of Credit Facility, Maximum Borrowing Capacity $ 2,500,000 $ 1,000,000   $ 1,500,000
Line of Credit Facility, Expiration Date Mar. 28, 2023 Dec. 28, 2021    
Line of credit, increase in borrowing base amount $ 1,500,000      
Debt Instrument, Basis Spread on Variable Rate 0.50%      
Line of Credit Facility, Commitment Fee Description       the Company will pay an unused commitment fee in an amount equal to one-half of one percent (0.5%) times the daily average of the unadvanced amount of the commitment
Loan origination fee, percentage. 0.50%   0.10%  
Loan Processing Fee $ 5,000   $ 2,500  
Legal and recording expenses $ 34,532   12,266  
Extension fees     $ 3,125