Going on that wee snippet of audio (though it could be out of context due to it's brevity):
We've spent the money we got from the Scottish Government
We're still in the black (probably excluding the Scottish Government loan) - he said we want to remain in the black going forward.
We've had costs relating to covid.
IMO, if all, or the vast majority, of our debt is the aforementioned loan, then there's no issue.