Note 2 - Basis of Presentation

9 Months Ended

Sep. 30, 2019

Notes to Financial Statements

Basis of Accounting [Text Block]

2. Basis of Presentation

Interim condensed financial statements of the Company are prepared in accordance with United States Generally Accepted Accounting Principles (“US GAAP”) for interim financial information, pursuant to the requirements for reporting on Form

10

-Q and Regulation S-

X.

In the opinion of management, all adjustments, including normal recurring accruals, considered necessary for the fair presentation of financial statements for the interim periods have been included. The results of operations for the

three

and

nine

months ended

September 30, 2019 (

also referred to as the "third quarter of

2019"

and the "first

nine

months of

2019",

respectively) are

not

necessarily indicative of results that ultimately

may

be achieved for any other interim period or for the year ending

December 31, 2019.

The interim unaudited condensed financial statements and notes thereto should be read in conjunction with the audited financial statements and notes thereto contained in our Annual Report on Form

10

-K for the year ended

December 31, 2018.

Unless indicated otherwise, references herein to “Sales” or “sales”, shall refer to net sales. When changes are shown as percentages, the number is approximate, and has been rounded from

one

decimal place to the nearest whole number.