Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt - Revolving Line of Credit (Details)

v3.23.3
Long-Term Debt - Revolving Line of Credit (Details) - USD ($)
1 Months Ended 3 Months Ended 9 Months Ended
Jul. 07, 2023
Dec. 17, 2021
Mar. 31, 2022
Jan. 31, 2022
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2020
Long-Term Debt                  
Additional deferred financing costs             $ 442,181 $ 525,295  
East West Bank | 2020 revolving credit facility                  
Long-Term Debt                  
Borrowing capacity   $ 5,000,000             $ 4,500,000
Initial availability   $ 2,500,000             $ 1,000,000
Interest rate     7.00%            
Unused line fee     0.50%            
Additional deferred financing costs       $ 4,613          
Amortization of deferred financing costs           $ 33,434   $ 100,765  
East West Bank | 2020 revolving credit facility | London Interbank Offered Rate (LIBOR)                  
Long-Term Debt                  
Spread on variable rate   3.50%              
East West Bank | Revolving credit facility 2023                  
Long-Term Debt                  
Borrowing capacity $ 5,000,000                
Additional incremental borrowing capacity $ 5,000,000                
Spread on variable rate 0.10%                
Minimum loan rate to be maintained on loan effective rate 0.50%                
Interest rate 3.00%                
Additional deferred financing costs         $ 214,680   214,680    
Quarterly minimum fixed coverage ratio 1.25                
Amortization of deferred financing costs         $ 26,835   $ 26,835    
Revolving credit availability for defining value of eligible advances to aggregate amount of all outstanding advances ratio $ 1,000,000                
Percentage of interest rate added to loan rate in the event of default 5.00%                
Value of eligible accounts to the aggregate amount of all outstanding advances ratio 2.0                
East West Bank | Revolving credit facility 2023 | Last day of each fiscal quarter from June 30, 2023 through December 31, 2023                  
Long-Term Debt                  
Total funded Debt-to-EBITDA ratio 3.50                
East West Bank | Revolving credit facility 2023 | Last day of each fiscal quarter from March 31, 2024 through March 31, 2025                  
Long-Term Debt                  
Total funded Debt-to-EBITDA ratio 3.25                
East West Bank | Revolving credit facility 2023 | Last day of each fiscal quarter from June 30, 2025 and thereafter                  
Long-Term Debt                  
Total funded Debt-to-EBITDA ratio 3.00