Note 16 - Subsequent Events

9 Months Ended

Sep. 30, 2020

Notes to Financial Statements

Subsequent Events [Text Block]

16. Subsequent Events

In

October 2020,

the Company was notified that the terms of its PPP loan with Western Alliance Bank have been modified. The amount of time that the Company has to spend the proceeds of the PPP loan (the “covered period”) has been extended from

8

weeks to

24

weeks. The date to begin repaying unforgiven portions of the PPP loan has also been extended from

six

months after the funding date to up to

10

months after the end of the covered period (approximately

16

months from the funding date) depending on when the Company applies for forgiveness. The SBA will also cover interest on the forgiveness portion of the loan during this period. There has been

no

change to the maturity date of the loan. All PPP loans must be repaid or forgiven within

two

years after the funding date.