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Bank Financing Arrangements (Tables) | 12 Months Ended
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Dec. 31, 2019
Notes to Financial Statements |
Amounts outstanding under the bank term loan | Amounts outstanding under the term loan and bank credit facilities at December 31, 2019 are as follows:
|  | December 31, 2019
Term loan |  | $ | 333,333 |
Less: current-portion of term loan |  |  | (333,333 | )
Long-term portion of term loan |  | $ | — |
Amounts outstanding under the bank credit facilities | Amounts outstanding under the term loan and bank credit facilities at December 31, 2019 are as follows:
|  | December 31, 2019
Lines of credit -domestic line |  | $ | 1,204,915 |
Lines of credit -EXIM line |  |  | 207,534 |
Total lines of credit |  | $ | 1,412,449 |

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- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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