v3.22.2.2
Note 5 - Debt (Tables)
3 Months Ended
Mar. 31, 2022
Notes Tables  
Schedule of Long-Term Debt Instruments [Table Text Block]
  

March 31, 2022

  

December 31, 2021

 
Senior Revolving Credit Facility with related party. All future interest through October 15, 2021 accrued to loan pursuant to the Fifth Amendment. Refinanced March 24, 2022. $- $ 14,102 
Utica Facility. Interest at 13% with monthly principal and interest payments on a fifty-one month amortization schedule. Additional elective interest rate surcharge. Collateralized by equipment of Heat Waves. Matures June 24, 2026.  6,225   - 
LSQ Facility. Upfront 0.1% invoice purchase fee on all invoices submitted. Funds daily usage fee of 0.021%. Maximum availability set at $10 million.  2,400   - 
March 2022 Convertible Note. Interest at 7% with quarterly interest only payments until June 2023 followed by quarterly principal and interest payments on a ten year amortization schedule. Matures March 22, 2028.  1,200   - 
Subordinated Promissory Note with related party. Non-interest bearing. $10,000 flat fee paid to consummate loan. Matures June 21, 2022  -   220 

Real Estate Loan for a facility in North Dakota. Interest is at 5.75% with monthly principal and interest payment of $5,255 until October 3, 2023. Collateralized by land and property purchased with the loan. 

  98   112 

Total long-term debt

  9,923   14,434 
Less debt discount and debt issuance costs  (223)  (9)

Less current portion

  (3,378)  (8,967)

Long-term debt, net of debt discount and current portion

 $6,322  $5,458 
Schedule of Maturities of Long-Term Debt [Table Text Block]

2023

 $3,378 

2024

  1,287 

2025

  1,511 
2026  1,835 

2027

  1,193 
Thereafter  719 

Total

 $9,923