Note 4 - Receivables

6 Months Ended

Jun. 30, 2018

Notes to Financial Statements

Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

Note

4

– Receivables

Accounts and other receivables, net consisted of the following:

	June 30 , 2018			December 31, 2017
Trade receivables	$	52,615		$	64,387
Other receivables		58,124			355,839
		110,739			420,226
Less allowance for doubtful accounts		(1,975	)		(305,895	)
Accounts and other receivables, net	$	108,764		$	114,331

Other receivables at

December 31, 2017

primarily consisted of an agreed settlement amount on the prior value added tax receivable due from the contract manufacturer of the former Angel product line which was received on

April 9, 2018

and a quarter end royalty payable for the Aldeflour product. Other receivables at

June 30, 2018

consisted of a quarter end royalty payable for the Aldeflour product. The allowance for doubtful accounts at

June 30, 2018

of approximately

$2,000

reflects the estimated reserve for trade receivables and the

December 31, 2017

allowance reflects a full reserve against the value added tax receivable. A bad debt recovery of approximately

$240,000

was recognized concurrent with the execution of the settlement agreement with the contract manufacturer in the

six

months ended

June 30, 2018.