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Note 12 - Income Taxes
3 Months Ended
Jun. 30, 2020
Notes to Financial Statements  
Income Tax Disclosure [Text Block]
NOTE
12
 - INCOME TAXES
 
At 
June 30, 2020, 
the Company had federal net operating loss carry-forwards ("NOLs") of approximately 
$2,639,000.
 
These NOLs 
may 
be used to offset future taxable income and thereby reduce or eliminate our federal income taxes otherwise payable. A valuation allowance is provided when it is more likely than 
not
 that some portion or all of the deferred tax assets will 
not
 be realized. Ultimate utilization of such NOLs and research and development credits is dependent upon the Company's ability to generate taxable income in future periods and 
may 
be significantly curtailed if a significant change in
 
ownership occurs.
  
During the 
three
months ended 
June 30, 2020, 
the Company generated approximately
$116,000
of the net operating losses, and expects to utilize the NOL's before expiration.
 
The effective rates were approximately 
32%
 and
20%
 for the 
three
months ended
June 30, 2020
and
2019,
 respectively.