Note 4 - Accounts Receivable

3 Months Ended

Mar. 31, 2023

Notes to Financial Statements

Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

4.         ACCOUNTS RECEIVABLE

Accounts receivable are carried at original amount less an estimate made for doubtful receivables based on a review of all outstanding amounts on a monthly basis. Management determines the allowance for doubtful receivables by regularly evaluating individual customer receivables and considering a customer’s financial condition, credit history, and current economic conditions. Accounts receivable are written off when deemed uncollectible.

Accounts receivable at March 31, 2023 and December 31, 2022 consisted of the following:

	March 31,			December 31,
	2023			2022
Accounts receivable	$	3,985,988		$	2,096,569
Allowance for doubtful accounts		(623,785	)		(573,785	)
Accounts receivable, net of allowances for doubtful accounts	$	3,362,203		$	1,522,784

Bad debt expenses (if any) are recorded in selling, general, and administrative expense.