Note I - Supplemental Cash Flow Information

3 Months Ended

Jun. 30, 2018

Notes to Financial Statements

Cash Flow, Supplemental Disclosures [Text Block]

NOTE I — SUPPLEMENTAL CASH FLOW INFORMATION

The Company paid

no

income taxes in the quarter ended

June 30, 2018.

The Company paid income taxes of approximately

$8,000

in the quarter ended

June 30, 2017.

No

interest was paid in the quarters ended

June 

30,

2018

and

2017,

respectively. Noncash financing activities consisted of accrued dividends of

$210,283

and

$70,094

in the quarters ended

June 

30,

2018

and

2017,

respectively. In the

2017

quarter, there was a noncash transaction of

$246,000

for the transfer of ownership of a life insurance policy from the Company to an officer upon his retirement.