Note 7 - Operating Leases

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Leases of Lessee Disclosure [Text Block]

Note

7.

Operating Leases

The Company leases approximately

7,200

square feet of office space that houses its principal executive offices and operations. Rental expense under the operating lease was approximately

$158,200

and

$142,000

for the years ended

December

31,

2016

and

2015,

respectively. The lease expires on

April

30,

2018.

The Company also leases select computer equipment over a

36

month period initiated in

May,

2016.

The lease expires in

April,

2019.

Rental expense under the operating lease was

$45,500

for the year ended

December

31,

2016.

Year ending December 31
2017	$	231,100
2018		125,400
2019		28,000