Note 11 - Subsequent Events |
9 Months Ended | ||
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Sep. 30, 2021 | |||
| Notes to Financial Statements | |||
| Subsequent Events [Text Block] |
Lease Agreement
In October 2021, the Company executed a lease of office space in Annapolis, MD. The lease’s effective date was October 1, 2021. The lease term is 36 months with no renewal options and initial monthly rent of $12,713. Rent for the first three months of the lease term will be abated by 50% and the lease contains 2.5% rent escalations in its second and third years. |
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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