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Note 8 - Debt (Tables)
6 Months Ended
Jun. 30, 2022
Notes Tables  
Schedule of Debt [Table Text Block]
  

Three Months Ended June 30,

  

Six Months Ended June 30,

 
  

2022

  

2021

  

2022

  

2021

 

Average borrowings outstanding (in thousands)

 $3,131  $1,564  $2,977  $1,223 

Amortization of debt issuance costs (in thousands)

 $-  $23  $-  $45 

Interest paid, as a percentage of average outstanding borrowings

  1.5%  1.6%  1.4%  3.4%

Fees paid, as a percentage of average outstanding borrowings

  0.9%  1.5%  1.2%  2.9%
Schedule of Long-Term Debt Instruments [Table Text Block]
  

June 30,

  

December 31,

 
  

2022

  

2021

 

Mortgage promissory note - Originally dated July 2020 and modified in December 2021. As modified, interest accrues at an annual rate which is the greater of 7.0% above the lender's prime rate and 10.3% (11.8% at June 30, 2022) payable in monthly installments through December 2023. Net of $17 debt issuance costs at June 30, 2022.

 $1,906  $2,469 

Face amount $2.5 million. Interest accrued at the effective discount rate 11.5%. Secured by certain real property in Wynn, Arkansas.

        

Equipment note - Dated May 2021. Original principal $46. Due in monthly installments through June 2025.

        

Interest accrues at the effective discount rate of 3.6% per year.

  28   33 

Equipment note - Dated December 2019. Original principal $40. Due in monthly installments through December 2024.

        

Interest accrues at the effective discount rate of 9.3% per year.

  22   26 

Equipment notes - Initially recorded in November 2018, in an acquisition, at the present value of future payments using a discount rate of 4.8% per year. Due in monthly installments through August 2022.

  3   11 

Total long term debt, net

 $1,959  $2,539 
Schedule of Maturities of Long-Term Debt [Table Text Block]

2022 (six months ended December 31, 2022)

 $620 

2023

  1,332 

2024

  19 

2025

  5 

Principal maturities

  1,976 

Debt issuance costs

  (17)

Total long term debt, net

 $1,959