Note 13 - Related Party Transactions

12 Months Ended

Dec. 31, 2021

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

13.   Related Party Transactions

Ms. Jana M. Schwan is the Company’s Chief Operating Officer. Her father, John H. Schwan, held several positions with the Company over many years, most recently as Chairman of the Board until June 2020. His brother is Gary Schwan, one of the owners of Schwan Incorporated, which provides building maintenance services to the Company. The Company made payments to Schwan Incorporated of approximately $13,000 and $13,000 during the years ended December 31, 2021 and 2020, respectively.

As discussed in Note 9, Mr. John H. Schwan was owed approximately $1.2 million as of December 31, 2021 in a note from the Company.

On July 1, 2019, the Company deconsolidated Clever, and as result the Company has a note receivable of $1.3 million. One of owners of Clever at that time was John H. Schwan. The Company recorded a $1,277,000 impairment of the receivable during fiscal year 2020.