Debt |
3 Months Ended |
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Mar. 31, 2021 | |
| Debt | |
| Debt |
5. Debt In May 2020, the Company received loan funds (the "Loan") from the Paycheck Protection Program ("PPP") of approximately $0.278 million. In April of 2021, the Company was notified by the Small Business Administration (“SBA”) that this loan was forgiven in full. The Company has no additional indebtedness at March 31, 2021 and December 31, 2020. |
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- References No definition available.
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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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