Note 13 - Stockholders' Equity

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Stockholders' Equity Note Disclosure [Text Block]

NOTE

13.

STOCKHOLDERS’ EQUITY

Classes of Shares

As of

December 31, 2019,

the Company’s Articles of Incorporation, as amended, authorize 

32,800,000

shares of capital stock of the Company, consisting of

30,000,000

authorized shares of serial preferred stock, par value of

$0.001

per share, and

2,800,000

authorized shares of common stock, par value of

$0.125

per share.

Preferred Stock

Preferred stock, any series, shall have the powers, preferences, rights, qualifications, limitations, and restrictions as fixed by the Company’s Board of Directors in its sole discretion. As of

December 31, 2019,

the Company has

not

issued any preferred stock.

Common Stock

As of

December 31, 2019, 

2,566,646

 

shares of common stock were issued and outstanding.