Note 6 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Year ended December 31, (in thousands)	201 9		201 8
Current	$	1,991	$	284
Deferred		555		(280	)
Total	$	2,546	$	4

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

Year ended December 31,	201 9			201 8
Statutory rate		21	%		21	%
State and local taxes, net of federal benefit		3.7			--
Equity compensation		(5.7	)		--
Other		(0.2	)		(21	%)
Effective rate		18.8	%		--	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

(in thousands)	201 9			201 8
Deferred tax assets:
Unrealized loss on investments	$	582		$	475
Federal and state tax credits		--			294
Fixed assets		(370	)		(185	)
Other		95			171
Total deferred tax asset		307			755
Less valuation allowance		(582	)		(475	)
Net deferred tax (liability) asset	$	(275	)	$	280