Note 9 - Commitments and Contingencies

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Commitments and Contingencies Disclosure [Text Block]

9.

     

Commitments and Contingencies

Our leased facilities include office. The lease for office space is month to month. Rental expense charged to operations was

$12,000

in

2018.

We currently have letters of credit to cover estimated exposures, most notably with workman’s compensation claims. This agreement requires us to maintain a compensating balance with the issuer for the amounts outstanding. We currently have letters of credit outstanding in the amount of

$400,000.

The compensating balance amount is reflected as restricted cash on the consolidated balance sheet.

In the normal course of business, we are involved in claims and lawsuits,

none

of which currently, in management’s opinion, will have a material adverse effect on our Consolidated Financial Statements.