XML 68 R41.htm IDEA: XBRL DOCUMENT v3.20.1
Debt (Details Narrative) - USD ($)
1 Months Ended 3 Months Ended
Mar. 12, 2020
Feb. 29, 2020
Sep. 30, 2018
Mar. 31, 2020
Dec. 31, 2019
Avidbank [Member]          
Prepayment of debt   $ 150,000      
Avidbank [Member]          
Debt issuance costs     $ 3,000    
Loan and Security Agreement [Member]          
Unamortized debt issuance costs       $ 10,000 $ 11,000
Loan and Security Agreement [Member] | Avid Bank Term Loan [Member]          
Debt instrument monthly principal payments $ 83,333        
Prepayment of debt 350,000        
Payment of debt 433,000        
Debt instrument, reducing the outstanding principal balance       $ 2,000,000  
Debt maturity date description       The maturity date of its term loan was changed from September 28, 2022 to December 31, 2020  
Debt description       Under the terms of the original loan and security agreement, the Company's adjusted earnings before interest, taxes, depreciation and amortization ("EBITDA") was required to be at least $1,000,000 for the trailing six-month period as of the last day of each fiscal quarter and the aggregate amount of unrestricted cash it had in deposit accounts or securities accounts maintained with Avidbank must be not less than $2,000,000 at all times.  
Accounts receivable percentage       75.00%  
Debt covenant description       Under the ACR covenant, the ratio of (i) the Company's unrestricted cash at Avidbank as of the last day of a calendar month plus 75% of its outstanding accounts receivable accounts that are within 90 days of invoice date to (ii) the outstanding principal balance of the term loan on such day must be no less than 1.25 to 1.00. As of March 31, 2020, the Company was in compliance with both of those covenants.  
Loan and Security Agreement [Member] | Avid Bank Term Loan [Member] | April 2020 [Member]          
Debt instrument monthly principal payments 125,000        
Loan and Security Agreement [Member] | Avid Bank Term Loan [Member] | May 2020 [Member]          
Debt instrument monthly principal payments 125,000        
Loan and Security Agreement [Member] | Avid Bank Term Loan [Member] | June 2020 [Member]          
Debt instrument monthly principal payments 125,000        
Loan and Security Agreement [Member] | Avid Bank Term Loan [Member] | July 2020 [Member]          
Debt instrument monthly principal payments 300,000        
Loan and Security Agreement [Member] | Avid Bank Term Loan [Member] | August 2020 [Member]          
Debt instrument monthly principal payments 300,000        
Loan and Security Agreement [Member] | Avid Bank Term Loan [Member] | September 2020 [Member]          
Debt instrument monthly principal payments 300,000        
Loan and Security Agreement [Member] | Avid Bank Term Loan [Member] | October 2020 [Member]          
Debt instrument monthly principal payments 300,000        
Loan and Security Agreement [Member] | Avid Bank Term Loan [Member] | November 2020 [Member]          
Debt instrument monthly principal payments 300,000        
Loan and Security Agreement [Member] | Avid Bank Term Loan [Member] | December 2020 [Member]          
Debt instrument monthly principal payments $ 125,000        
Loan and Security Agreement [Member] | Avidbank [Member]          
Term of loan     48 months    
Term loan amount     $ 4,000,000    
Debt instrument monthly principal payments     83,000    
Debt issuance costs     $ 26,000