Note 18 - 401(k) Savings Plan

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Pension and Other Postretirement Benefits Disclosure [Text Block]

18

.

401

(k) Savings Plan

The Company has a tax-qualified employee savings and retirement plan, or

401

(k) plan. Under the

401

(k) plan, participants

may

elect to reduce their current compensation, on a pre-tax basis, by up to

15%

of their taxable compensation or of the statutorily prescribed annual limit, whichever is lower, and have the amount of the reduction contributed to the

401

(k) plan. The

401

(k) plan permits the Company, in its sole discretion, to make additional employer contributions to the

401

(k) plan. However, the Company did

not

make employer contributions to the

401

(k) plan during any of the periods presented in the accompanying consolidated financial statements.