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Note 7 - Legal Proceedings
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Legal Matters and Contingencies [Text Block]
Note
7.
Legal Proceedings
  
On
April
26,
2016,
Michael McFarland, derivatively on behalf the Company, re-filed a class-action lawsuit in United States District Court, District of Nevada that had been previously filed and dismissed. The suit alleges breach of fiduciary duties and unjust enrichment by the Company’s Board of Directors and certain executive officers and directors in connection with excessive and unfair compensation paid or awarded during fiscal years
2013
and
2014.
The lawsuit seeks disgorgement of excessive compensation as well as damages in an unspecified amount. In
July
2016,
the Company filed a motion to dismiss the case. In
January
2017,
the court granted a partial dismissal of the claims and suggested the plaintiffs re-file their petition. Subsequently, the Company re-filed a motion to dismiss the case.
  
The Company believes the claim is without merit and it is unlikely that a loss will be incurred; therefore the Company has not accrued for a potential loss. However, the outcomes of the disputes are still uncertain and it is possible the Company
may
incur legal fees and losses in the future.
 
Aside from the lawsuit described above, the Company
may
be involved in legal matters arising in the ordinary course of business from time to time. While the Company believes that such matters are currently not material, there can be no assurance that matters arising in the ordinary course of business for which the Company is or could become involved in litigation will not have a material adverse effect on the Company’s business, financial condition or results of operations.