Note 12 - Related-party Transactions

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

 

1

2

. Related-Party Transactions

In

October 

2015,

the Company entered into an agreement with Consensys Imaging Service (“Consensys”) to provide field engineers to assist the Company with the installation, service and maintenance of its Lightbox consoles. Jeffrey M. Soinski, the Company’s President, Chief Executive Officer and a member of its Board of Directors was also a member of the Board of Directors of Consensys until

October 

2017.

For the years ended

December 

31,

2019

and

2018,

Consensys provided services to the Company of

$80,000

and

$84,000,

respectively. As of

December 

31,

2019

and

2018,

amounts due to Consensys included in accounts payable and accrued liabilities, were

$27,000

and

$12,000,

respectively.