Note Receivable |
12 Months Ended |
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Dec. 31, 2020 | |
| Receivables [Abstract] | |
| Note Receivable |
13. Note Receivable
On October 1, 2018, the Company completed the sale of its spine implant business to CTL Medical. The sale included a $6 million noninterest bearing note receivable payable over a 36 month term, with maturing of the note receivable on October 1, 2021. The note receivable includes an imputed interest rate of 10%. As of December 31, 2020, the net carrying value of the note receivable was $1.9 million, with expected cash proceeds of $1.9 million. |
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- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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