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Debt (Tables)
 3 Months Ended
Mar. 31, 2023
Debt [Abstract]  
Schedule of Debt Notes payable, related party notes payable and finance lease obligations consist of the following:
   March 31,   December 31, 
   2023   2022 
         
Revolving loan to Webster Bank (“Webster”)  $13,220,000   $13,352,000 
Term loan, Webster   5,933,000    5,396,000 
Finance lease obligations   308,000    328,000 
Loans Payable - financed assets   29,000    30,000 
Related party notes payable   6,162,000    6,162,000 
Subtotal   25,652,000    25,268,000 
Less: Current portion   (14,450,000)   (14,477,000)
Long Term Portion  $11,202,000   $10,791,000 
Schedule of Payments Due Under The Term Loan The below table shows the timing of payments due under the Term Loan:
For the year ending  Amount 
December 31, 2023 (remainder of the year)  $904,000 
December 31, 2024   945,000 
December 31, 2025   4,144,000 
Webster Term Loan payable   5,993,000 
Less: debt issuance costs   (60,000)
Total Webster Term Loan payable, net of debt issuance costs   5,933,000 
Less: Current portion of Webster Term Loan payable   (1,141,000)
Total long-term portion of Webster Term Loan payable  $4,792,000 
Schedule of Finance Lease Paid The lease has an imputed interest rate of 7.48% per annum and is payable monthly with the final payment due in September of 2026.
   Three Months Ended 
   March 31,   March 31, 
   2023   2022 
Finance Lease cost:        
Amortization of ROU assets  $19,000   $
-
 
Interest on lease liabilities   6,000    
-
 
Total lease Costs  $25,000   $
-
 
           
Other Information:          
Cash Paid for amounts included in the measurement lease liabilities:          
Financing cash flow from finance lease obligations  $20,000   $9,000 
           
Supplemental disclosure of non-cash activity          
Acquisition of finance lease asset  $
-
   $
-
 
Schedule of Components of Lease Term and Discount Rate
   March 31,   December 31, 
   2023   2022 
         
Weighted  Average Remaining Lease Term - in years   3.8    4 
Weighted Average Discount rate - %   7.48%   7.48%
Schedule of Aggregate Future Minimum Finance Lease Payment As of March 31, 2023, the aggregate future minimum finance lease payments, including imputed interest are as follows:
For the year ending  Amount 
December 31, 2023 (remainder of the year)  $75,000 
December 31, 2024   100,000 
December 31, 2025   100,000 
December 31, 2026   76,000 
Total future minimum finance lease payments   351,000 
Less: imputed interest   (43,000)
Less: Current portion   (80,000)
Long-term portion  $228,000 

 

For the year ending  Amount 
December 31, 2023 (remainder of the year)  $8,000 
December 31, 2024   9,000 
December 31, 2025   9,000 
December 31, 2026   3,000 
Loans Payable - financed assets   29,000 
Less: Current portion   (9,000)
Long-term portion  $20,000 
Schedule of Note Holders and The Principal Balance The note holders and the principal balance of the notes of March 31, 2023 and December 31, 2022 are shown below:
   Michael Taglich,   Robert Taglich,   Taglich     
   Chairman   Director   Brothers, 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