| Schedule of Long-term Liabilities |
Long-term liabilities consisted of the following at:
|
|
|
September 30,
|
|
|
December 31,
|
|
|
|
|
2021
|
|
|
2020
|
|
|
Nevada State Bank credit agreement
|
|
$
|
7,251,800
|
|
|
$
|
8,413,184
|
|
|
Main Street Priority Loan
|
|
|
4,000,000
|
|
|
|
4,000,000
|
|
|
Redemption Consideration Obligation
|
|
|
39,096,401
|
|
|
|
39,096,401
|
|
|
Vehicle notes payable
|
|
|
5,813
|
|
|
|
22,614
|
|
|
Insurance notes payable
|
|
|
—
|
|
|
|
519,194
|
|
|
Long-term liabilities, gross
|
|
|
50,354,014
|
|
|
|
52,051,393
|
|
|
Less: Unamortized debt issuance costs
|
|
|
(138,829
|
)
|
|
|
(137,817
|
)
|
|
Long-term liabilities, net of debt issuance costs
|
|
|
50,215,185
|
|
|
|
51,913,576
|
|
|
Less: Current portion
|
|
|
(2,607,913
|
)
|
|
|
(2,222,392
|
)
|
|
Long-term liabilities, net
|
|
$
|
47,607,272
|
|
|
$
|
49,691,184
|
|
|
| Schedule of Future Maturities of Long-term Liabilities |
As of September 30, 2021, future maturities of our long-term liabilities are as follows:
|
Twelve Months Ending September 30,
|
|
Total
|
|
|
2022
|
|
$
|
2,607,913
|
|
|
2023
|
|
|
4,649,700
|
|
|
2024
|
|
|
600,000
|
|
|
2025
|
|
|
600,000
|
|
|
2026
|
|
|
2,800,000
|
|
|
Thereafter
|
|
|
39,096,401
|
|
|
Long-term liabilities, gross
|
|
$
|
50,354,014
|
|
|