Note 4 - Accrued Expenses

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Accounts Payable and Accrued Liabilities Disclosure [Text Block]

4. Accrued Expenses

Accrued expenses as shown on the accompanying Consolidated Balance Sheets is composed of the following as of

December 31, 2018

and

2017:

	2018		2017
Accrued management salaries	$	924,509	$	532,615
Accrued directors’ fees		295,670		182,620
Other accrued expenses		18,373		18,476
Total accrued expenses	$	1,238,552	$	733,711