Note 9: Notes Payable, Related Parties
Long-term debt, related parties as of December 31, 2021 and September 30, 2021 consisted of the following (in 000's):
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December 31, 2021 |
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September 30, 2021 |
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Isaac Capital Group, LLC |
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$ |
2,000 |
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|
$ |
2,000 |
|
Spriggs Investments, LLC |
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|
2,000 |
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|
|
2,000 |
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Total notes payable - related parties |
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|
4,000 |
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|
|
4,000 |
|
Less current portion |
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|
(2,000 |
) |
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|
(2,000 |
) |
Total long-term portion, related parties |
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$ |
2,000 |
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|
$ |
2,000 |
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Twelve months ending December 31, |
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2022 |
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$ |
2,000 |
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2023 |
|
|
— |
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2024 |
|
|
— |
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2025 |
|
|
2,000 |
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2026 |
|
|
— |
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Thereafter |
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|
— |
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Total future maturities of long-term debt, related parties |
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$ |
4,000 |
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|