XML 28 R18.htm IDEA: XBRL DOCUMENT v3.23.1
Note 12 - Subsequent Events
3 Months Ended
Apr. 02, 2023
Notes to Financial Statements  
Subsequent Events [Text Block]

Note 12 — Subsequent Events

 

                     On April 28, 2023, the Company converted accounts receivable for a customer in the amount of approximately $1.16 million to notes receivable (the "Note"). If not prepaid prior to the Note maturity date of April 28, 2024, the principal and all accrued and unpaid interest will be due and payable to the Company. The Note will bear an interest rate of 3.0% compounded monthly. If an event of default occurs, the interest will increase to 10.0%.