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Debt (Tables)

12 Months Ended

Dec. 31, 2022

Debt [Abstract]

Schedule of debt

		December 31,				December 31,
		2022				2021
Revolving loan to Webster Bank (“Webster”)		$	13,352,000			$	12,456,000
Term loan, Webster			5,396,000				4,192,000
Finance lease obligations			328,000				263,000
Loans payable - financed assets			30,000				39,000
Related party notes payable			6,162,000				6,412,000
Subtotal			25,268,000				23,362,000
Less: Current portion			(14,477,000	)			(14,112,000	)
Long Term Portion		$	10,791,000			$	9,250,000

Schedule of payments due under the term loan

For the year ending		Amount
December 31, 2023		$	1,037,000
December 31, 2024			840,000
December 31, 2025			3,584,000
Webster Term Loan payable			5,461,000
Less: debt issuance costs			(65,000	)
Total Webster Term Loan payable, net of debt issuance costs			5,396,000
Less: Current portion of Webster Term Loan payable			(1,037,000	)
Total long-term portion of Webster Term Loan payable		$	4,359,000

Schedule of finance lease paid

		Year Ended				Year Ended
		December 31,				December 31,
		2022				2021
Finance Lease cost:
Amortization of ROU assets		$	-			$	36,000
Interest on lease liabilities			2,182				-
Total Lease Costs		$	2,182			$	36,000
Other Information:
Cash Paid for amounts included in the measurement lease liabilities:
Financing cash flow from finance lease obligations		$	284,000			$	5,000
Supplemental disclosure of non-cash activity
Acquisition of finance lease ROU asset		$	350,000			$	-

Schedule of components of lease term and discount rate

		December 31,				December 31,
		2022				2021
Weighted Average Remaining Lease Term - in years			3.9				5.0
Weighted Average Discount rate - %			7.48	%			4.20	%

Schedule of aggregate future minimum finance lease payment

For the year ending		Amount
December 31, 2023		$	100,000
December 31, 2024			100,000
December 31, 2025			100,000
December 31, 2026			77,000
Total future minimum finance lease payments			377,000
Less: imputed interest			(49,000	)
Less: Current portion			(79,000	)
Long-term portion		$	249,000

For the year ending		Amount
December 31, 2023		$	9,000
December 31, 2024			9,000
December 31, 2025			9,000
December 31, 2026			3,000
Loans Payable - financed assets			30,000
Less: Current portion			(9,000	)
Long-term portion		$	21,000

Schedule of note holders and the principal balance

		Michael Taglich,				Robert Taglich,				Taglich Brothers,
		Chairman				Director				Inc.				Total
Convertible Subordinated Notes		$	2,666,000			$	1,905,000			$	241,000			$	4,812,000
Subordinated Notes			1,000,000				350,000				-				1,350,000
Total		$	3,666,000			$	2,255,000			$	241,000			$	6,162,000

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