LOANS PAYABLE

9 Months Ended

Sep. 30, 2022

LOANS PAYABLE

LOANS PAYABLE

NOTE 13 – LOANS PAYABLE

Loans payable consists of the following at September 30, 2022 and December 31, 2021 (in thousands):

	September 30, 2022			December 31, 2021
Loan due September 29, 2022, monthly payments including interest at 4.32% per annum; unsecured	$	-		$	195
Loan due June 6, 2022, monthly payments including interest at 4.42% per annum; unsecured		-			40
Loan due June 6, 2023, monthly payments including interest at 8.07% per annum; unsecured		38			-
Current portion of loan payable		(38	)		(235	)
Loan payable, less current portion	$	-		$	-

Interest expense for the three and nine months ended September 30, 2022 was $0.003 million and $0.006 million, respectively. Interest expense for the three and nine months ended September 30, 2021 was $0.001 million and $0.003 million, respectively.