Debt (Details Narrative) - Credit Agreement [Member] - CAD ($) $ in Millions |
1 Months Ended | ||
|---|---|---|---|
Jan. 31, 2023 |
Jun. 30, 2026 |
Jan. 19, 2024 |
|
| Short-Term Debt [Line Items] | |||
| Line of credit borrowing capacity | $ 1.4 | ||
| Canadian Imperial Bank of Commerce [Member] | |||
| Short-Term Debt [Line Items] | |||
| Variable interest | 4.95% | ||
| Strong MDI Installment Loans [Member] | |||
| Short-Term Debt [Line Items] | |||
| Revolving line of credit | $ 5.0 | ||
| Installments in loan | $ 3.1 | ||
| Line of credit description | (i) the amount outstanding under the line of credit is payable on demand and bears interest at the lender’s prime rate plus 1.0% and (ii) the amount outstanding under the 20-year installment loan bears interest at the lender’s prime rate plus 0.5% and is payable in monthly installments, including interest, over their respective borrowing periods. The lender may also demand repayment of the 20-year installment loan at any time. The 2023 Credit Agreement is secured by a lien on the manufacturing facility in Quebec, Canada that is leased to Strong/MDI. The 2023 Credit Agreement requires our subsidiary in Canada to maintain a ratio of liabilities to “effective equity” (tangible stockholders’ equity, less amounts receivable from affiliates and equity holdings) not exceeding 2.5 to 1 and a fixed charge coverage ratio of not less than 1.1 times earnings before interest, income taxes, depreciation and amortization. In connection with the initial public offering (“IPO”) of Strong Global Entertainment, the 20-year installment note did not transfer to the Company. In May 2023, Strong/MDI and CIBC entered into an amendment to the 2023 Credit Agreement which reduced the amount available under the revolving line of credit to CAD$3.4 million, and CIBC provided an undertaking to Strong/MDI to a release of CIBC’s security interest in certain assets to be transferred to a subsidiary in connection with transactions related to the IPO of Strong Global Entertainment. |