Note 13 - Subsequent Events |
12 Months Ended |
---|---|
Dec. 31, 2019 | |
Notes to Financial Statements | |
Subsequent Events [Text Block] |
13. Subsequent EventsThe outbreak of COVID-
19 (coronavirus) caused by a novel strain of the coronavirus has recently been recognized as a pandemic by the World Health Organization, and the outbreak has become increasingly widespread in the United States. The COVID-19 outbreak has had a notable impact on general economic conditions, including, but not limited to, the temporary closures of many businesses, “shelter in place” and other governmental regulations, and “work from home” directives, and there are many unknowns. Notable potential effects on the Company include U.S. government procurements may be delayed or cancelled, work on existing contracts that require personal interactions may be suspended, payment processing for customer invoices may be delayed, employees and customers may become infected, and sales meetings may
not be able to take place. The Company continues to monitor the impact of the COVID-19 outbreak closely. The extent to which the COVID-19 outbreak will impact the Company’s business, results of operations, financial condition, and cash flows is uncertain. |
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- 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://fasb.org/us-gaap/role/ref/legacyRef
|