Note 5 - Lines of Credit

3 Months Ended

Mar. 31, 2023

Notes to Financial Statements

Debt Disclosure [Text Block]

NOTE 5 - LINES OF CREDIT

In connection with certain orders, we provide the customer a working guarantee, a prepayment guarantee or a security bond. For that purpose, we have a guaranteed credit line of EUR 1,350,000 (approximately $1,470,000) secured by a cash deposit. As of March 31, 2023, our bank has issued working guaranties of $259,366 for our customers against the credit line.