NOTES PAYABLE AND LONG-TERM DEBT (Tables)

6 Months Ended

Jun. 30, 2020

NOTES PAYABLE AND LONG-TERM DEBT [Abstract]

Based on the terms of the loan agreement, we are required to make monthly interest-only payments for the first two years and monthly principal and interest payments for the remainder of the term of the agreement.

(in thousands)	June 30, 2020		December 31, 2019
Institute of Official Credit ("ICO") Guarantee for Small and Medium-sized Enterprises with Banco Santander S.A. (Spain) as described more fully above - interest due monthly at 1.50%; matures June 4, 2025		410		-
	$	410	$	-
Less current maturities		-		-
TOTAL	$	410	$	-