XML 35 R19.htm IDEA: XBRL DOCUMENT v3.22.1
Equipment Financing
12 Months Ended
Dec. 31, 2021
Equipment Financing [Abstract]  
Equipment Financing

Note 11.  Equipment Financing

 

During 2018, the Company entered into four loan agreements to finance 25 automobiles. The loans matured in 2021 and bore interest at a weighted average interest rate of 6.5%. These loans were secured by the automobiles. Interest expense for the years ended December 31, 2021 and 2020 was de minimis and $28,000, respectively. The loans were repaid in full in March 2021.