Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt

v3.21.1
Long-Term Debt
3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
LONG-TERM DEBT
9. LONG-TERM DEBT

    March 31,     December 31,  
    2021     2020  
Long term debt is as follows:            
Wells Fargo Equipment Finance, interest at 3.5% per annum, payable in monthly installments of $518.96 beginning April 2016 through March 2021, secured by warehouse equipment with a book value of $25,437   $ -     $ 1  
                 
Notes payable issued in connection with seller financing of assets acquired, interest at 8.125%, payable in 60 installments of $8,440, due August 2023     214       240  
    $ 214     $ 241  
Less Current Maturities     (83 )     (83 )
Total Long-Term Debt   $ 131     $ 158  

Interest expense for the three months ended March 31, 2021 and 2020 was $2 and $7, respectively.