|
The following table sets forth information relating to our loans from related persons outstanding at any time during the year ended December 31, 2021 (in thousands except for conversion rate and share information).
|
Class
|
Lender
|
|
Interest
Rate
|
|
|
Date of
Loan
|
|
Term of Loan
|
|
Principal Amount Outstanding at December 31, 2021
|
|
|
Highest
Principal
Outstanding
|
|
|
Amount of
Principal
Repaid
|
|
|
Amount of
Interest
Paid
|
|
|
Current, Promissory note payable to related parties:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Willis Lee (2)
|
|
12%
|
|
|
10/29/2020
|
|
Due on Demand
|
|
$
|
100
|
|
|
$
|
100
|
|
|
$
|
—
|
|
|
$
|
—
|
|
|
|
Soomi Niihara (1)
|
|
12%
|
|
|
1/20/2021
|
|
Due on Demand
|
|
|
—
|
|
|
|
700
|
|
|
|
700
|
|
|
|
13
|
|
|
|
Soomi Niihara (1)
|
|
12%
|
|
|
9/15/2021
|
|
Due on Demand
|
|
|
—
|
|
|
|
300
|
|
|
|
300
|
|
|
|
3
|
|
|
|
Soomi Niihara (1)
|
|
12%
|
|
|
12/7/2021
|
|
Due on Demand
|
|
|
700
|
|
|
|
700
|
|
|
|
—
|
|
|
|
—
|
|
|
|
|
|
|
|
|
|
|
|
Subtotal
|
|
$
|
800
|
|
|
$
|
1,800
|
|
|
$
|
1,000
|
|
|
$
|
16
|
|
|
Revolving line of credit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Yutaka Niihara (1)
|
|
5.25%
|
|
|
12/27/2019
|
|
Due on Demand
|
|
$
|
400
|
|
|
$
|
800
|
|
|
$
|
400
|
|
|
$
|
35
|
|
|
|
|
|
|
|
|
|
|
|
Subtotal
|
|
$
|
400
|
|
|
$
|
800
|
|
|
$
|
400
|
|
|
$
|
35
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$
|
1,200
|
|
|
$
|
2,600
|
|
|
$
|
1,400
|
|
|
$
|
51
|
|
The following table sets forth information relating to our loans from related persons outstanding at any time during the year ended December 31, 2020 (in thousands except for conversion rate and share information).
|
Class
|
Lender
|
|
Interest
Rate
|
|
|
Date of
Loan
|
|
Term of Loan
|
|
Principal Amount Outstanding at December 31, 2020
|
|
|
Highest
Principal
Outstanding
|
|
|
Amount of
Principal
Repaid or
Converted
into Stock
|
|
|
Amount of
Interest
Paid
|
|
|
Current, Promissory note payable to related parties:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Lan T. Tran (2)
|
|
10%
|
|
|
4/29/2016
|
|
Due on Demand
|
|
$
|
20
|
|
|
$
|
20
|
|
|
$
|
—
|
|
|
$
|
—
|
|
|
|
Lan T. Tran (2)
|
|
11%
|
|
|
2/10/2018
|
|
Due on Demand
|
|
|
—
|
|
|
|
159
|
|
|
|
159
|
|
|
|
35
|
|
|
|
Lan T. Tran (2)
|
|
10%
|
|
|
2/9/2019
|
|
Due on Demand
|
|
|
14
|
|
|
|
14
|
|
|
|
—
|
|
|
|
—
|
|
|
|
Hope Int'l Hospice (1)
|
|
12%
|
|
|
9/1/2020
|
|
Due on Demand
|
|
|
—
|
|
|
|
194
|
|
|
|
194
|
|
|
|
2
|
|
|
|
Hope Int'l Homecare (1)
|
|
12%
|
|
|
9/1/2020
|
|
Due on Demand
|
|
|
—
|
|
|
|
189
|
|
|
|
189
|
|
|
|
1
|
|
|
|
Soomi Niihara (1)
|
|
12%
|
|
|
9/1/2020
|
|
Due on Demand
|
|
|
—
|
|
|
|
98
|
|
|
|
98
|
|
|
|
4
|
|
|
|
Soomi Niihara (1)
|
|
12%
|
|
|
10/28/2020
|
|
Due on Demand
|
|
|
—
|
|
|
|
395
|
|
|
|
395
|
|
|
|
12
|
|
|
|
Willis Lee (2)
|
|
12%
|
|
|
9/1/2020
|
|
Due on Demand
|
|
|
—
|
|
|
|
685
|
|
|
|
685
|
|
|
|
1
|
|
|
|
Willis Lee (2)
|
|
12%
|
|
|
10/29/2020
|
|
Due on Demand
|
|
|
100
|
|
|
|
100
|
|
|
|
100
|
|
|
|
1
|
|
|
|
|
|
|
|
|
|
|
|
Subtotal
|
|
|
134
|
|
|
|
1,854
|
|
|
|
1,820
|
|
|
|
56
|
|
|
Revolving line of credit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Yutaka Niihara (1)
|
|
5.25%
|
|
|
12/27/2019
|
|
Due on Demand
|
|
|
800
|
|
|
|
800
|
|
|
|
200
|
|
|
|
37
|
|
|
|
|
|
|
|
|
|
|
|
Subtotal
|
|
|
800
|
|
|
|
800
|
|
|
|
200
|
|
|
|
37
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$
|
934
|
|
|
$
|
2,654
|
|
|
$
|
2,020
|
|
|
$
|
93
|
|
|
(1)
|
Dr. Niihara, the Chairman of the Board and Chief Executive Officer of the Company, is co-owner with his wife Soomi Niihara, a director and the Chief Executive Officer of Hope International Hospice, Inc.
|
|
(2)
|
Current and former officer
|
|