Note 4 - Accrued Expenses

12 Months Ended

Dec. 31, 2019

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, 2019

and

2018:

	2019		2018
Accrued management salaries	$	1,323,483	$	924,509
Accrued directors’ fees		409,219		295,670
Other accrued expenses		118,338		18,373
Total accrued expenses	$	1,851,040	$	1,238,552