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Debt (Tables) | 9 Months Ended
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Sep. 30, 2025
Debt [Abstract] |
Schedule of Current Credit Facilities and Finance Lease Obligations | Current credit facilities and finance lease obligations consist of the following:
|  | September 30, 2025 |  |  | December 31, 2024 |
Current Credit Facility – Revolver |  | $ | 15,838,000 |  |  | $ | 12,905,000 |
Current Credit Facility – Term Loan |  |  | 6,118,000 |  |  |  | 5,225,000 |
Solar Credit Facility |  |  | 970,000 |  |  |  | 970,000 |
Finance lease obligations |  |  | 841,000 |  |  |  | 1,007,000 |
Loans Payable - financed assets |  |  | 7,000 |  |  |  | 14,000 |
Subtotal |  |  | 23,774,000 |  |  |  | 20,121,000 |
Less: Current portion |  |  | (22,227,000 | ) |  |  | (18,362,000 | )
Long-Term Portion |  | $ | 1,547,000 |  |  | $ | 1,759,000 |
Schedule of Finance Lease Obligations |
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, 2025 |  |  | September 30, 2024 |  |  | September 30, 2025 |  |  | September 30, 2024 |
Finance Lease cost: |  |  |  |  |  |  |  |  |  |  |  |
Amortization of ROU assets |  | $ | 49,000 |  |  | $ | 49,000 |  |  | $ | 147,000 |  |  | $ | 128,000 |
Interest on lease liabilities |  |  | 16,000 |  |  |  | 20,000 |  |  |  | 52,000 |  |  |  | 53,000 |
Total lease Costs |  | $ | 65,000 |  |  | $ | 69,000 |  |  | $ | 199,000 |  |  | $ | 181,000 |
Other Information: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash Paid for amounts included in the measurement lease liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financing cash flow from finance lease obligations |  | $ | 57,000 |  |  | $ | 51,000 |  |  | $ | 166,000 |  |  | $ | 143,000 |
Supplemental disclosure of non-cash activity |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Acquisition of finance lease asset |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 319,000 |
|  | September 30, 2025 |  |  | December 31, 2024 |
Weighted Average Remaining Lease Term - in years |  |  | 4.6 |  |  |  | 4.8 |
Weighted Average Discount rate - % |  |  | 7.43 | % |  |  | 7.44 | %
Schedule of Future Minimum Finance Lease Payments | As of September 30, 2025, the aggregate future minimum finance lease payments, including imputed interest are as follows:
For the year ending |  | Amount |
December 31, 2025 (remainder of year) |  | $ | 73,000 |
December 31, 2026 |  |  | 266,000 |
December 31, 2027 |  |  | 190,000 |
December 31, 2028 |  |  | 190,000 |
December 31, 2029 |  |  | 190,000 |
Thereafter |  |  | 74,000 |
Total future minimum finance lease payments |  |  | 983,000 |
Less: imputed interest |  |  | (142,000 | )
Less: Current portion |  |  | (236,000 | )
Long-term portion |  | $ | 605,000 |
Schedule of Future Minimum Loan Payments | The future minimum loan payments are as follows:
For the year ending |  | Amount |
December 31, 2025 (remainder of year |  | $ | 2,000 |
December 31, 2026 |  |  | 5,000 |
Loans Payable - financed assets |  |  | 7,000 |
Less: Current portion |  |  | (7,000 | )
Long-term portion |  | $ | - |
Schedule of Related Party Notes Outstanding | The Related Party Notes outstanding as of September 30, 2025 consist of:
|  | Michael Taglich, Director |  |  | Robert Taglich, Director |  |  | Taglich Brothers, Inc. |  |  | Total |
Convertible Subordinated Notes |  | $ | 2,416,000 |  |  | $ | 1,905,000 |  |  | $ | - |  |  | $ | 4,321,000 |
Subordinated Notes |  |  | - |  |  |  | 550,000 |  |  |  | - |  |  |  | 550,000 |
Total |  | $ | 2,416,000 |  |  | $ | 2,455,000 |  |  | $ | - |  |  | $ | 4,871,000 |
The Related Party Notes outstanding as of December 31, 2024 consist of:
|  | Michael Taglich, Director |  |  | Robert Taglich, Director |  |  | Taglich Brothers, Inc. |  |  | Total |
Convertible Subordinated Notes |  | $ | 2,666,000 |  |  | $ | 1,905,000 |  |  | $ | 241,000 |  |  | $ | 4,812,000 |
Subordinated Notes |  |  | 800,000 |  |  |  | 550,000 |  |  |  | - |  |  |  | 1,350,000 |
Total |  | $ | 3,466,000 |  |  | $ | 2,455,000 |  |  | $ | 241,000 |  |  | $ | 6,162,000 |

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