The pandemic is disrupting supply chains and affecting production and sales across a range of industries. The extent of the impact of on our operational and financial performance will depend on certain developments, including the duration and spread of the outbreak, and the impact on our customers, employees, and vendors. At this point, the extent to which may impact our financial condition, statements of operations, and cash flows is uncertain and cannot be predicted.

The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $349 billion to the Paycheck Protection Program to help small businesses keep workers employed amid the pandemic and economic downturn. On April 13, 2020, our Lexel Imaging subsidiary entered into a $216,200 term loan with Central Bank and on April 23, 2020, Video Display Corporation entered into a $772,000 term loan with Renasant Bank under the Paycheck Protection Program The U.S. Small Business Administration, an agency of the United States, fully guaranteed the PPP Term Loan. The PPP Term Loan is eligible to be partially or fully forgiven if used for specific expenses over the period after the loan was made, with the remaining balance, if any, repayable in 17 equal installments beginning November 17, 2020. The PPP Term Loan bears interest at a fixed rate of 1.00%.