XML 50 R40.htm IDEA: XBRL DOCUMENT v3.24.0.1
Debt - Narrative (Details)
3 Months Ended 12 Months Ended
Dec. 21, 2023
USD ($)
Dec. 31, 2023
USD ($)
lender
customer
Sep. 30, 2023
USD ($)
Nov. 08, 2023
USD ($)
Line of Credit Facility [Line Items]        
Debt instrument, number of lenders | lender   2    
Number of customer invoices factored | customer   1    
Foreign subsidiary borrowings, net of unamortized debt issuance cost        
Line of Credit Facility [Line Items]        
Receivables pledged as collateral   $ 1,348,000 $ 1,247,000  
Long-term debt, gross   $ 8,975,000 5,771,000  
Foreign subsidiary borrowings, net of unamortized debt issuance cost | Euribor | Minimum        
Line of Credit Facility [Line Items]        
Euribor variable interest rates   0.50%    
Foreign subsidiary borrowings, net of unamortized debt issuance cost | Euribor | Maximum        
Line of Credit Facility [Line Items]        
Euribor variable interest rates   8.00%    
First Loan        
Line of Credit Facility [Line Items]        
Face amount   $ 2,208,000    
Debt instrument, term   7 years    
Quarterly payment   $ 200,000    
Second Loan        
Line of Credit Facility [Line Items]        
Face amount   $ 1,104,000    
Debt instrument, term   1 year 6 months    
Revolving credit agreement | Revolving credit agreement        
Line of Credit Facility [Line Items]        
Revolving line of credit, accumulated amortization of debt issuance costs   $ 86,000 78,000  
Remaining unamortized amount   86,000    
Long-term debt, gross   16,061,000 16,289,000  
Revolving credit agreement | Credit Agreement | Revolving credit agreement        
Line of Credit Facility [Line Items]        
Reserves under borrowing base   1,500,000 1,500,000 $ 1,500,000
Revolving credit facility, maximum borrowing capacity $ 19,000,000 $ 26,000,000 30,000,000  
Commitment fee percentage   0.50%    
Receivables pledged as collateral   $ 23,065,000 21,089,000  
Remaining borrowing capacity   5,034,000 2,830,000  
Letters of credit outstanding, amount   $ 1,970,000 $ 1,970,000  
Weighted average interest rate, revolving credit facility   8.20% 7.70%  
Debt issuance costs incurred in period   $ 117,000    
Revolving line of credit, accumulated amortization of debt issuance costs   $ 0    
Revolving credit agreement | Credit Agreement | Revolving credit agreement | SOFR        
Line of Credit Facility [Line Items]        
Basis spread   2.75% 2.25%  
Revolving credit agreement | Credit Agreement and Export Credit Facility | Revolving credit agreement        
Line of Credit Facility [Line Items]        
Revolving credit facility, maximum borrowing capacity 23,000,000      
Revolving credit agreement | Export Credit Facility | Revolving credit agreement        
Line of Credit Facility [Line Items]        
Weighted average interest rate, revolving credit facility   7.70% 7.20%  
Revolving credit agreement | Export Credit Facility | Revolving credit agreement | SOFR        
Line of Credit Facility [Line Items]        
Basis spread   2.25% 1.75%  
Subordinated note | Director        
Line of Credit Facility [Line Items]        
Long-term debt, gross   $ 3,150,000 $ 0  
Subordinated note | Subordinated Promissory Note | Director        
Line of Credit Facility [Line Items]        
Reserves under borrowing base 1,500,000      
Face amount $ 3,000,000      
Borrowing base calculation, percentage 85.00%      
Borrowing base, percentage of eligible inventory 70.00%      
Monthly increase in reserves under borrowing base $ 250,000      
Commitment fee percentage 0.50%      
Available funds paid to borrowers $ 3,000,000      
Interest rate 14.00% 14.00% 0.00%  
Fully earned and non-refundable fee $ 150,000      
Long-term debt, gross   $ 3,150,000 $ 0  
Guaranty fee $ 760,000      
Subordinated note | Subordinated Promissory Note | SOFR | Director        
Line of Credit Facility [Line Items]        
Basis spread 2.75%      
Subordinated note | Subordinated Promissory Note | CBFR | Director        
Line of Credit Facility [Line Items]        
Basis spread 2.75%      
Subordinated note | Subordinated Promissory Note | CB Floating Rate | Director        
Line of Credit Facility [Line Items]        
Basis spread 0.25%