Note 8 - Employee Benefit Plan

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Pension and Other Postretirement Benefits Disclosure [Text Block]

8.

Employee Benefit Plan

CBLI maintains an active defined contribution retirement plan for its employees, referred to herein as the Benefit Plan. All employees satisfying certain service requirements are eligible to participate in the Benefit Plan. The Company makes matching cash contributions each payroll period, up to

4%

of employees’ salaries. The Company’s expense relating to the Benefit Plan was

$33,235

and

$39,794

for the years ended

December 

31,

2019

, and

2018

, respectively.