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Note 10 - Warranty
12 Months Ended
Dec. 31, 2021
Notes to Financial Statements  
Product Warranty Disclosure [Text Block]

10.

WARRANTY

 

The Company offers a warranty on all of its non-disposable products of one to two years. The Company warrants disposable products through their expiration date, which is three years for most products. The Company periodically assesses the adequacy of the warranty reserves and adjusts as necessary.

 

The warranty liability is included in other current liabilities in the consolidated balance sheets. Changes in the Company’s warranty reserve, which is included in other current liabilities in the accompanying consolidated balance sheet is as follows:

 

  

Year Ended December 31,

 
  

2021

  

2020

 

Beginning balance

 $154,000  $277,000 

Warranties originated during the year

  65,000   71,000 

Claims settled made during the year

  (149,000)  (212,000)

Changes in reserve estimate

  (3,000)  18,000 

Ending balance

 $67,000  $154,000