Note 7 - Convertible Note Payable |
9 Months Ended |
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Sep. 30, 2020 | |
Notes to Financial Statements | |
Long-term Debt [Text Block] |
7. Convertible Note Payable
On January 24, 2019, the Company repaid Interstate Battery the outstanding principal and interest on the convertible debt in the amount of $6.7 million. In connection with the payoff, the Company amortized the remaining discount on the note of $2.6 million and remaining deferred financing expenses of $20,000 to interest expense.
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- References No definition available.
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- Definition The entire disclosure for long-term debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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