Note 13 - Subsequent Events

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Subsequent Events [Text Block]

Note

1

3

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Subsequent Events

On

November 15, 2019,

a complaint was filed against the Company in the United States District Court for the Eastern District of New York by plaintiff

O2Cure

Ltd. alleging patent infringement by the Company, and seeking injunctive relief against the Company to settle with unspecified damages. On

January 29, 2020,

O2Cure

filed a Notice of Voluntary Dismissal Without Prejudice in the United States District Court for the Eastern District of New York. Accordingly, the claims previously asserted in the Complaint against the Company have been withdrawn and the action is now closed.

In

December 2019

an outbreak of a novel strain of coronavirus originated in Wuhan, China, and has since spread to a number of other countries, including the United States. Initially, this outbreak resulted in extended shutdowns of certain businesses in the Wuhan region and had ripple effects to businesses around the world. Most recently this disruption has extended to the United States including complete or partial government shutdowns of many businesses, schools, bars and restaurants, including our Company. We cannot presently predict the scope and severity of the business shutdowns or disruptions to us, but if we or any of the

third

parties with whom we engage, including our customers, suppliers and other

third

parties with whom we conduct business, were to experience extended shutdowns or other business disruptions, our ability to conduct our business could be materially and negatively impacted, and could have a material adverse effect on our business and our results of operation and financial condition.