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Note 12 - Subsequent Events
12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Subsequent Events [Text Block]
12.
     Subsequent Events
 
On
October 31, 2019,
the Company entered into a Forbearance Agreement with the Loan Parties pursuant to which the Company agreed, subject to certain conditions, to forbear until
February 24, 2020
from exercising its rights and remedies under the Second A&R Note issued by Buyer to the Company. On
February 24, 2020,
the Company and the Loan Parties entered into a letter agreement (the “Forbearance Extension Letter Agreement”) extending the outside termination date for the forbearance period under the Forbearance Agreement from
February 24, 2020
to
February 26, 2020.
The other terms and conditions of the Forbearance Agreement remain the same. The forbearance period terminated on
February 26, 2020
under the terms of the Forbearance Extension Letter Agreement and Forbearance Agreement.
 
The Company received prepayments on
February 28, 2020
and
March 4, 2020
of
$200,000
and
$350,000,
respectively, of the principal amount on the Second A&R Note from the Buyer.
 
On
March 6, 2020,
the Company and the Loan Parties entered into a letter agreement (the “Second Forbearance Extension Letter Agreement”) extending, subject to certain conditions, the outside termination date from
February 26, 2020
to
March 17, 2020.
The extension of the outside termination and the effectiveness of the Second Forbearance Extension Letter Agreement is conditioned on Buyer making payments to be applied to the outstanding principal balance of the Second A&R Note of
$250,000
on or before
March 12, 2020
and
$750,000
on or before
March 13, 2020. 
The Second Forbearance Extension Letter Agreement also requires the Buyer to make an additional
$391,970
payment on or before
March 17, 2020
which will be applied to the outstanding principal balance of the Second A&R Note. The other terms and conditions of the Forbearance Agreement remain the same. 
 
On
March 12, 2020,
the Company received payment from Buyer of
$250,000
pursuant to the Second Forbearance Extension Letter Agreement.