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Note 10 - Stock Options and Stock Purchase Warrants (Tables)
12 Months Ended
Dec. 31, 2021
Notes Tables  
Share-based Payment Arrangement, Option, Activity [Table Text Block]
  

Number

of Shares

  

Weighted

Average

Exercise

Price

 

Outstanding, January 1, 2020

  460,000  $7.34 

Granted

  -   - 

Exercised

  -   - 

Forfeited or expired

  (400,000)  (7.40)

Outstanding, December 31, 2020

  60,000  $6.93 

Granted

  120,000   5.43 

Exercised

  -   - 

Forfeited or expired

  -   - 

Outstanding, December 31, 2021

  180,000  $5.93 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

 

   Year ended

December 31, 2021

 

Weighted average fair value at the measurement date ($)

  3.1 

Dividend yield (%)

  0 

Expected volatility of the share prices (%)

  68.9 

Risk-free interest rate (%)

  1.3 

Expected life of share options (years)

  4.0 to 6.3 

Weighted average share price ($)

  5.4