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Note Payable
3 Months Ended
Mar. 31, 2018
Debt Disclosure [Abstract]  
Note Payable

Note 9- Note Payable

 

In connection with the acquisition RWJ in September 2017, the Company issued a note payable. The note accrues interest at 3.5% per annum is due on December 31, 2019 and is secured by the assets purchased in the acquisition. This note payable is classified as long-term in the accompanying consolidated balance sheet.

 

In connection with the acquisition of ECS as discussed in Note 3, the Company issued a note payable. The note is to be repaid in monthly installment payments of $100,000 with the final payment due on January 15, 2019. This note is secured by the assets purchased in the acquisition and is classified as long-term in the accompanying consolidated balance sheet.