Note 3 - Joint Venture

3 Months Ended

Mar. 31, 2020

Notes to Financial Statements

Variable Interest Entity Disclosure [Text Block]

3 . JOINT VENTURE

The table below provides certain financial information about the AQ-JV included on the Company’s consolidated balance sheet at

March 31, 2020

and

December 31, 2019.

Cash

may

be utilized only to settle obligations of the joint venture. Because the joint venture is an LLC, and the Company has

not

guaranteed its operations, the joint venture’s creditors do

not

have recourse to the general credit of the Company.

	2020		2019
Cash	$	270	$	270
Property, plant and equipment, net of accumulated depreciation of $433 and $408	$	1,708	$	1,733

The operating results and cash flows of the joint venture in the

three

-month periods of

2020

and

2019

were

not

material to the Company’s consolidated financial results.