Line of Credit |
9 Months Ended |
---|---|
Sep. 30, 2023 | |
Line of Credit | |
Line of Credit | 13. Line of Credit
The Company maintains a line of credit with a maximum principal amount of $700, payable upon demand. The line of credit expires on February 27, 2024. The line of credit bears interest at 0.50% over the Wall Street Journal Prime Rate. As of September 30, 2023, there was an outstanding balance of $0, and $700 remained available for borrowing. The line of credit is collateralized by all Company assets and subject to certain financial covenants. |