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Note 11 - Subsequent Event
3 Months Ended
Mar. 31, 2021
Notes to Financial Statements  
Subsequent Events [Text Block]

11. Subsequent Event

 

In April 2021, Velano Vascular was acquired by another entity.  The Company received $3.4 million in initial cash proceeds and may receive additional amounts over the next 12 months from the resolution of escrow contingencies.

 

In May 2021, the Company's Board of Directors authorized a new $6 million share repurchase program using existing funds in accordance with the requirements Rule 10b5-1 and Rule 10b-18 under the Securities Exchange Act of 1934, as amended.