Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Notes Payable and Interest Expense (Tables)

v3.22.2.2
Note 7 - Notes Payable and Interest Expense (Tables)
6 Months Ended
Jun. 30, 2022
Notes Tables  
Schedule of Debt [Table Text Block]

Facility

 

Maturity

 

Interest Rate

    Balance at June 30, 2022     Balance at December 31, 2021  

ACOA Note

 

February 1, 2024

          59,860       76,642  

TD Bank

 

December 31, 2022

          31,072       31,496  

Related Party Note

 

various

    15 %     3,814,283       3,318,242  

Total Debt

            3,905,215       3,426,380  

Less current portion

            (1,222,810 )     (888,583 )

Long-term debt, net of current portion

          $ 2,682,405     $ 2,537,797