Note 9 - Related Party Transactions

3 Months Ended

Mar. 31, 2022

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

Note 9 - Related Party Transactions

John H. Schwan, who resigned as Chairman of the Board on June 1, 2020, has made loans to the Company which had outstanding balances of $1.2 million as of March 31, 2022 and December 31, 2021, respectively.  No payments were made to Mr. Schwan since 2019. Interest expense related to this loan amounted to $18,000 and $16,000 for the three months end March 31, 2022 and 2021, respectively.  Mr. Schwan is the father of Jana Schwan, the Company's Chief Operating Officer.