XML 32 R18.htm IDEA: XBRL DOCUMENT v3.22.1
LOAN PAYABLE
 12 Months Ended
Dec. 31, 2021
LOAN PAYABLE  
LOAN PAYABLE

NOTE 12 – LOAN PAYABLE

 

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

 

 

 

December 31,

2021

 

 

December 31,

2020

 

Note to a company due September 29, 2022, including interest at 4.32% per annum; unsecured; interest due monthly

 

$195

 

 

$-

 

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

 

 

40

 

 

 

-

 

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 June 6, 2021, including interest at 6.55% per annum; unsecured; interest due monthly

 

 

-

 

 

 

83

 

Current portion of loan payable

 

 

(235 )

 

 

(265 )

Loan payable, less current portion

 

$-

 

 

$-

 

 

Interest expense for the years ended December 31, 2021 and 2020 was $0.01 million and $0.003 million, respectively.