Quarterly report pursuant to Section 13 or 15(d)

Long Term Debt - Schedule of Long-term Debt (Details)

v3.19.2
Long Term Debt - Schedule of Long-term Debt (Details) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Total debt $ 4,175 $ 3,302
Less current portion of long-term debt 581 1,184
Long-term debt 3,594 2,118
Revolving Credit [Member]    
Total debt [1] 639
Term Loan [Member]    
Total debt [1],[2] 2,021 2,663
Related Party Promissory Note [Member]    
Total debt [4] $ 2,154 [3]
[1] Our revolving credit facility is collateralized by our accounts receivable and our term loan is collateralized by our property, plant, and equipment. Effective July 1, 2019, monthly installment principal payment on the Term Loan was amended to approximately $35,547 from approximately $101,600. See discussion of the amendment dated June 20, 2019 to the Company's loan agreement below.
[2] Net of debt issuance costs of ($112,000) and ($80,000) at June 30, 2019 and December 31, 2018, respectively.
[3] Net of debt discount/debt issuance of ($346,000) at June 30, 2019.
[4] Uncollateralized note.