Debt (Details Narrative) - Credit Agreement [Member] - CAD ($) $ in Millions |
1 Months Ended | ||
|---|---|---|---|
Jan. 31, 2023 |
Mar. 31, 2026 |
Jan. 19, 2024 |
|
| Short-Term Debt [Line Items] | |||
| Line of credit borrowing capacity | $ 1.4 | ||
| Canadian Imperial Bank of Commerce [Member] | |||
| Short-Term Debt [Line Items] | |||
| Variable interest | 4.95% | ||
| Strong MDI Installment Loans [Member] | |||
| Short-Term Debt [Line Items] | |||
| Revolving line of credit | $ 5.0 | ||
| Installments in loan | $ 3.1 | ||
| Line of credit description | (i) the amount outstanding under the line of credit is payable on demand and bears interest at the lender’s prime rate plus 1.0% and (ii) the amount outstanding under the 20-year installment loan bears interest at the lender’s prime rate plus 0.5% and is payable in monthly installments, including interest, over their respective borrowing periods. The lender may also demand repayment of the 20-year installment loan at any time. The 2023 Credit Agreement is secured by a lien on the manufacturing facility in Quebec, Canada that is leased to Strong/MDI. The 2023 Credit Agreement requires our subsidiary in Canada to maintain a ratio of liabilities to “effective equity” (tangible stockholders’ equity, less amounts receivable from affiliates and equity holdings) not exceeding 2.5 to 1 and a fixed charge coverage ratio of not less than 1.1 times earnings before interest, income taxes, depreciation and amortization. In connection with the IPO of Strong Global Entertainment, the 20-year installment note did not transfer to the Company. In May 2023, Strong/MDI and CIBC entered into an amendment to the 2023 Credit Agreement which reduced the amount available under the revolving line of credit to CAD$3.4 million, and CIBC provided an undertaking to Strong/MDI to a release of CIBC’s security interest in certain assets to be transferred to a subsidiary in connection with transactions related to the IPO of Strong Global Entertainment |