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Note 5 - Leases
3 Months Ended
Mar. 31, 2023
Notes to Financial Statements  
Lessee, Operating Leases [Text Block]

(5) LEASES

 

The Company entered in an operating lease in January 2023 for office and warehouse space, which has a lease term expiring in January 2026, with an option to extend for an additional three years. As it is not reasonably certain the Company will exercise the option to extend, the additional three years have not been included in the lease term.  This lease replaced an existing operating lease which expired in January 2023. Right-of-use assets are recorded net of accumulated amortization, which was $4,256 as of March 31, 2023.  Lease expense for lease payments are recognized on a straight-line basis over the lease term.  Lease expense for the three months ended March 31, 2023 and 2022 was $9,535 and 7,397, respectively.