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LOAN PAYABLE
9 Months Ended
Sep. 30, 2021
LOAN PAYABLE  
NOTE 10 - LOAN PAYABLE

NOTE 10 – LOAN PAYABLE

 

Loan payable consists of the following at September 30, 2021 and December 31, 2020 (in thousands):

 

 

 

September 30,

2021

 

 

December 31,

2020

 

 

 

 

 

 

 

 

Note to a company due September 29, 2021, including interest at 4.32% per annum; unsecured; interest due monthly

 

$-

 

 

$182

 

Note to a company due September 6, 2021, including interest at 6.55% per annum; unsecured; interest due monthly

 

 

-

 

 

 

83

 

Note to a company due June 6, 2022, including interest at 4.42% per annum; unsecured; interest due monthly

 

 

60

 

 

 

-

 

Current portion of loan payable

 

 

(60 )

 

 

(265 )

Loan payable, less current portion

 

$-

 

 

$-

 

 

Interest expense for the three and nine month periods ended September 30, 2021 was $0.001 million and $0.003 million, respectively. Interest expense for the three and nine month periods ended September 30, 2020 was $0.001 million and $0.002 million, respectively.