XML 46 R31.htm IDEA: XBRL DOCUMENT
v3.21.1

Debt (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Debt Disclosure [Abstract] |
Schedule of Debt | The following comprises debt on December 31, 2020 and 2019 (in thousands):
|  | 2020 |  |  | 2019 |
Debt – Third Parties |  |  |  |  |  |  |  |
Note payable – Lind Global |  | $ | 21,085 |  |  | $ | 4,797 |
Paycheck Protection Program Loan |  |  | 1,008 |  |  |  | - |
Accounts receivable financing – Sallyport Commercial |  |  | 4.512 |  |  |  | 1,552 |
Note payable – STEM Education Holdings |  |  | 175 |  |  |  | - |
Total debt – third parties |  |  | 26,780 |  |  |  | 6,349 |
Less: Discount and issuance cost – Lind Global |  |  | 2,132 |  |  |  | 612 |
Current portion of debt – third parties |  |  | 16.817 |  |  |  | 4,536 |
Long-term debt – third parties |  | $ | 7,831 |  |  | $ | 1,201 |
Debt – Related Parties |  |  |  |  |  |  |  |
Note payable – Qwizdom (Darin & Silvia Beamish) |  | $ | - |  |  | $ | 382 |
Note payable – Steve Barker |  |  | - |  |  |  | 17 |
Note payable – Logical Choice Corporation – Delaware |  |  | - |  |  |  | 54 |
Note payable – Mark Elliott |  |  | - |  |  |  | 24 |
Total debt – related parties |  |  | - |  |  |  | 477 |
Less: current portion of debt – related parties |  |  | - |  |  |  | 368 |
Long-term debt – related parties |  | $ | - |  |  | $ | 108 |
Total debt |  | $ | 26,780 |  |  | $ | 6,214 |
Schedule of Long Term Debt Principle Repayments | Principal repayments to be made during the next five years are as follows (in thousands):
|  | $ |
2021 |  |  | 18,735 |
2022 |  |  | 8,045 |
2023 |  |  | - |
2024 |  |  | - |
2025 |  |  | - |
Total |  |  | 26,780 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration