Note 11 - Defined Contribution Plan

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Pension and Other Postretirement Benefits Disclosure [Text Block]

N

ote

1

1

– Defined Contribution Plan

The Company maintains a

401

(k) Plan for the benefit of all eligible employees. All employees as of the effective date of the

401

(k) Plan became eligible. An employee is eligible to become a participant after

three

months of continuous service.

Participants

may

elect to contribute from their compensation any amount up to the maximum deferral allowed by the Internal Revenue Code. Employer contributions are optional.

No

discretionary employer contribution has been made for

2019

and

2018.