Note 4 - Deferred Rent

6 Months Ended

Jun. 30, 2018

Notes to Financial Statements

Deferred Rent [Text Block]

4. Deferred Rent

Deferred rent consists of the following at

June 30, 2018

and

December 31, 2017:

	June 30, 2018			December 31, 2017
Landlord-funded leasehold improvements	$	1,124,790		$	1,124,790
Less accumulated amortization		(693,024	)		(629,525	)
Total		431,766			495,265
Straight line rent adjustment		121,278			127,158
Total deferred rent	$	553,044		$	622,423

During the

three

and

six

month periods ended

June 30, 2018,

the Company recorded

$31,750

and

$63,499,

respectively, in deferred rent amortization of these landlord funded leasehold improvements. During the

three

and

six

month periods ended

June 30, 2017,

the Company recorded

$31,750

and

$63,499,

respectively, in deferred rent amortization of these landlord funded leasehold improvements.

Straight line rent adjustment represents the difference between cash rent payments and the recognition of rent expense on a straight-line basis over the terms of the lease.