Quarterly report pursuant to Section 13 or 15(d)

Short-Term Bank Debt and Long-Term Debt (Tables)

v3.20.2
Short-Term Bank Debt and Long-Term Debt (Tables)
9 Months Ended
Sep. 30, 2020
Debt Disclosure [Abstract]  
Schedule of Long Term Debt
    December 31, 2019     September 30, 2020  
          (Unaudited)  
Short-term bank debt bearing interest at 16% per annum   $ 685     $ 241  
Current maturities of long-term debt   $ 2,688     $ 4,909  
Convertible notes payable   $ 5,000     $ 5,000  
Long-term debt – less current maturities   $ 26,515     $ 22,933  
Schedule of Maturities of Long Term Debt

Scheduled maturities of the Term A Facility and the Term B Facility as of September 30, 2020 are as follows:

 

Year ending December 31:        
2021   $ 4,909  
2022     5,400  
2023     5,400  
2024     12,133  
      27,842  
Less: Current portion     4,909  
Total   $ 22,933