NOTES PAYABLE AND LONG-TERM DEBT (Tables)

12 Months Ended

Dec. 31, 2021

NOTES PAYABLE AND LONG-TERM DEBT [Abstract]

Debt Outstanding

The amount outstanding under the above agreement consisted of the following with changes in the year over year balance solely due to foreign currency translation:

(in thousands)	2021		2020
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	$	336	$	446
	$	336	$	446
Less current maturities		79		-
TOTAL	$	415	$	446