NOTES PAYABLE (Details Narrative) - Silicon Valley Bank [Member] - Revolving Credit Facility [Member] - USD ($) |
3 Months Ended | |
|---|---|---|
Oct. 29, 2021 |
Sep. 30, 2022 |
|
| Line of Credit Facility [Line Items] | ||
| Line of credit facility, drawdowns | $ 12,900,000 | |
| Line of credit facility, periodic payment | 12,100,000 | |
| Line of credit | 5,651,000 | |
| Line of credit facility, remaining borrowing capacity | $ 2,349,000 | |
| First Amendment [Member] | ||
| Line of Credit Facility [Line Items] | ||
| Revolving line of credit | $ 6,000,000.0 | |
| Line of credit maturity date | Nov. 07, 2022 | |
| Line of credit interest rate description | (i) Prime Rate plus two and a half percent (2.50%), or (ii) five and three-quarters percent (5.75%). The Company paid a non-refundable commitment fee of $15,000 upon execution of the Loan Agreement and an additional non-refundable commitment fee of $22,500 in connection with the First Amendment. On June 23, 2022, the Company entered into a Second Amendment to Loan and Security Agreement (“Second Amendment” and together with the Loan Agreement and First Amendment the “Amended Loan Agreement”) with Silicon Valley Bank (“SVB”), which amended certain terms of the Loan and Security Agreement dated November 9, 2020, as amended on October 29, 2021, including but not limited to, (i) to increase the amount of the revolving line of credit to $8.0 million, (ii) to change the financial covenants of the Company from tangible net worth of the Company to adjusted EBITDA (as defined in the Second Amendment) on a trailing six (6) month basis and liquidity ratio certified as of the end of each month pursuant to the calculations set forth therein, and (iii) to allow for the assignment and transfer by SVB of all of its obligations, rights and benefits under the Agreement and Loan Documents (as defined in the Agreement and except for the Warrants) | |
| Non-refundable commitment fee | $ 15,000 | |
| First Amendment [Member] | Minimum [Member] | ||
| Line of Credit Facility [Line Items] | ||
| Revolving line of credit | 4,000,000.0 | |
| First Amendment [Member] | Maximum [Member] | ||
| Line of Credit Facility [Line Items] | ||
| Revolving line of credit | $ 6,000,000.0 | |
| Second Amendment [Member] | ||
| Line of Credit Facility [Line Items] | ||
| Line of credit interest rate description | (A) Prime Rate plus three and one-half of one percent (3.50%) or (B) seven and one-half of one percent (7.50%). Interest payments are due monthly on the last day of the month. In addition, the Company is required to pay a quarterly unused facility fee equal to one-quarter of one percent (0.25%) per annum of the average daily unused portion of the $8.0 million commitment under the Revolving LOC | |
| Non-refundable commitment fee | $ 5,000.00 | |
| Warrant term | 12 years | |
| Purchase of common stock into warrant shares | 40,806 | |
| Warrant exercise price per share | $ 2.23 |