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Note 6 - Other Income and Loss
12 Months Ended
Dec. 31, 2022
Notes to Financial Statements  
Other Nonoperating Income and Expense [Text Block]

6.

Other Income and Loss

 

Other income and loss consisted of the following (in thousands):

 

  

Year Ended December 31,

 
  

2022

  

2021

 

Interest income

 $394  $34 

Other income (loss)

  14   1,616 

Total other income (loss)

 $408  $1,650 

 

We obtained a $1.6 million loan (the "PPP Loan") from JPMorgan Chase Bank, N.A. (the “Lender”) under the Paycheck Protection Program ("PPP") in April 2020 (the “Note”). In April 2021, we applied for forgiveness of this loan in accordance with the program, and in  June 2021, we received confirmation that the loan principal (and related accrued interest) was forgiven in its entirety. The gain on loan forgiveness is included in other income (loss), net on the consolidated statement of operations and comprehensive loss for the year ended  December 31, 2021, and as a gain on extinguishment of debt in the consolidated statement of cash flows for the year ended  December 31, 2021.