Quarterly report pursuant to Section 13 or 15(d)

Revolver (Details Narrative)

v3.20.4
Revolver (Details Narrative) - USD ($)
$ in Thousands
8 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2020
Sep. 30, 2020
Nov. 13, 2018
Landlord Letter of Credit [Member]        
Line of credit $ 1,000 $ 1,000 $ 1,000  
Revolver [Member]        
Line of credit 4,000 4,000 $ 4,000  
Line of credit facility, description     As a result of the Second Amendment, the borrowing limit of the Revolver prior to termination on January 5, 2021 was (a) the lower of: (i) $4.0 million and (ii) 80% of the Company's eligible accounts receivable (as adjusted by SVB), reduced by (b) (i) any outstanding advances under the Revolver, of which there were none as of September 30, 2020 and through the date of termination; (ii) the Landlord Letter of Credit, in the maximum amount of $1 million; and (iii) any outstanding term loans, of which there were none due to repayment in 2019.  
Line of credit, maturity date     Nov. 13, 2021  
Repayment of line of credit     $ 3,400  
Restricted cash $ 350 350 $ 350  
Interest rate description     The Second Amendment increased the floating per annum rate of interest to the greater of (A) one percent (1.0%) above the Prime Rate (as defined in the SVB Loan Agreement) and (B) four and one-quarter of one percent (4.25%). Prior to the Second Amendment, such interest accrued at a rate equal to one-half of one percent (0.50%) above the Prime Rate.  
Silicon Valley Bank [Member]        
Line of credit facility, description      
Repayment of line of credit $ 3,400      
SVB Loan Agreement [Member]        
Line of credit 4,000 4,000 $ 4,000  
Line of credit facility, description     Prior to the termination, the borrowing limit of the Revolver was (a) the lower of: (i) $4.0 million and (ii) 80% of the Company's eligible accounts receivable (as adjusted by SVB), reduced by (b) (i) any outstanding advances under the Revolver, of which there are none as of September 30, 2020; (ii) the Landlord Letter of Credit, in the maximum amount of $1 million; and (iii) any outstanding term loans, of which there was none due to repayment in 2019.  
Line of credit, maturity date     Nov. 13, 2021  
Repayment of line of credit     $ 3,400  
Restricted cash $ 350 $ 350 $ 350  
SVB Loan Agreement [Member] | Minimum [Member]        
Loan agreement ratio   115.00%    
SVB Loan Agreement [Member] | Maximum [Member]        
Loan agreement ratio     110.00%  
SVB Loan Agreement [Member] | Silicon Valley Bank [Member]        
Line of credit       $ 4,000
Line of credit outstanding accounts receivable       3,750
SVB Loan Agreement [Member] | Silicon Valley Bank [Member] | Term Loan [Member]        
Line of credit       $ 850