REVOLVING FINANCING (Narrative) (Details) - USD ($) |
3 Months Ended | |
|---|---|---|
Jun. 30, 2023 |
Mar. 31, 2023 |
|
| Revolving financing | $ 6,188,332 | $ 6,403,447 |
| Lender [Member] | ||
| Line of Credit Facility, Borrowing Capacity, Description | Under the terms of the Credit Agreement, SCM has agreed to make cash advances to our company in an aggregate principal at any one time outstanding not to exceed the lesser of (i) $10 million (the "Revolving Loan Commitment Amount") and (ii) the Borrowing Base (defined to mean, as of any date of determination, 85% of net eligible billed receivables plus 65% of eligible unbilled receivables, minus certain reserves). | |
| Line of Credit Facility, Interest Rate Description | The principal amount of the Revolving Facility outstanding bears interest at a rate per annum equal to (i) a fluctuating interest rate per annum equal at all times to the rate of interest announced, from time to time, within Wells Fargo Bank at its principal office in San Francisco as its "prime rate," plus (ii) 3.25%, payable monthly in arrears. The interest rate as of June 30, 2023 was 16.5% | |
| Line of Credit Facility, Commitment Fee Percentage | 0.083% | |
| Line of Credit Facility, Interest Rate During Period | 0.35% | |
| Line of Credit Facility, Interest Increase Upon Default | 5.00% | |
| Revolving financing | $ 6,064,975 |