Note 2 - New Accounting Pronouncements	3 Months Ended
Mar. 31, 2020
Notes to Financial Statements
Description of New Accounting Pronouncements Not yet Adopted [Text Block]	Note 2. New Accounting Pronouncements Recently Adopted In August 2018, the FASB issued ASU 2018 - 13 (“ASU 2018 - 13” ), Fair Value Measurement - Disclosure Framework (Topic 820 ): Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement . The updated guidance improves the disclosure requirements on fair value measurements. We adopted this standard on January 1, 2020. The adoption of this standard did not have a material impact on our consolidated financial statements. Recently Issued In June 2016, the FASB issued ASU 2016 - 13, Financial Instruments - Credit Losses (Topic 326 ): Measurement of Credit Losses on Financial Instruments . In November 2018, the FASB issued ASU 2018 - 19, Codification Improvements to Topic 326, Financial Instruments-Credit Losses and in April 2019, the FASB issued ASU 2019 - 04, Codification Improvements to Topic 326, Financial Instruments—Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments , which amend the scope and transition requirements of ASU 2016 - 13. The standard requires a financial asset (or a group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The measurement of expected credit losses is based on relevant information about past events, including historical experience, current conditions and reasonable and supportable forecasts that affect the collectability of the reported amount. In May 2019, the FASB issued ASU 2019 - 05, Financial Instruments—Credit Losses (Topic 326 ): Targeted Transition Relief. This ASU addresses certain stakeholders’ concerns by providing an option to irrevocably elect the fair value option for certain financial assets previously measured at amortized cost basis. For those entities, the targeted transition relief will increase comparability of financial statement information by providing an option to align measurement methodologies for similar financial assets. Furthermore, the targeted transition relief also may reduce the costs for some entities to comply with the amendments in Update 2016 - 13 while still providing financial statement users with decision-useful information. In November 2019, the FASB issued ASU 2019 - 10, Financial Instruments—Credit Losses (Topic 326 ), Derivatives and Hedging (Topic 815 ), and Leases (Topic 842 ): Effective Date. This ASU extended and simplified how effective dates are staggered between larger public companies (bucket one ) and all other entities (bucket two ). ASU 2016 - 13 is effective for SEC filers, excluding entities eligible to be smaller reporting companies, for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019 and beginning after December 15, 2022 for all other public business entities. As a smaller reporting company, we are currently evaluating the impact this guidance will have on our consolidated financial statements. In December 2019, the FASB issued ASU 2019 - 12, Income Taxes (Topic 740 ): Simplifying the Accounting for Income Taxes . The amendments in this update simplify the accounting for income taxes by removing certain exceptions to the general principles in Topic 740. The amendments also improve consistent application of and simplify GAAP for other areas of Topic 740 by clarifying and amending existing guidance. For public business entities, the amendments in this Update are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2021, and interim periods within fiscal years beginning after December 15, 2022. Early adoption of the amendments is permitted. We are currently evaluating the impact this guidance will have on our consolidated financial statements.

Note

New Accounting Pronouncements

Recently Adopted

August 2018,

the FASB issued ASU

2018

(“ASU

2018

13”

Fair Value Measurement - Disclosure Framework (Topic

820

): Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement

. The updated guidance improves the disclosure requirements on fair value measurements. We adopted this standard on

January 1, 2020.

The adoption of this standard did

not

have a material impact on our consolidated financial statements.

Recently Issued

June 2016,

the FASB issued ASU

2016

13,

Financial Instruments - Credit Losses (Topic

326

): Measurement of Credit Losses on Financial Instruments

. In

November 2018,

the FASB issued ASU

2018

19,

Codification Improvements to Topic

326,

Financial Instruments-Credit Losses

and in

April 2019,

the FASB issued ASU

2019

04,

Codification Improvements to Topic

326,

Financial Instruments—Credit Losses, Topic

815,

Derivatives and Hedging, and Topic

825,

Financial Instruments

, which amend the scope and transition requirements of ASU

2016

13.

The standard requires a financial asset (or a group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The measurement of expected credit losses is based on relevant information about past events, including historical experience, current conditions and reasonable and supportable forecasts that affect the collectability of the reported amount. In

May 2019,

the FASB issued ASU

2019

05,

Financial Instruments—Credit Losses (Topic

326

): Targeted Transition Relief.

This ASU addresses certain stakeholders’ concerns by providing an option to irrevocably elect the fair value option for certain financial assets previously measured at amortized cost basis. For those entities, the targeted transition relief will increase comparability of financial statement information by providing an option to align measurement methodologies for similar financial assets. Furthermore, the targeted transition relief also

may

reduce the costs for some entities to comply with the amendments in Update

2016

while still providing financial statement users with decision-useful information. In

November 2019,

the FASB issued ASU

2019

10,

Financial Instruments—Credit Losses (Topic

326

), Derivatives and Hedging (Topic

815

), and Leases (Topic

842

): Effective Date.

This ASU extended and simplified how effective dates are staggered between larger public companies (bucket

one

) and all other entities (bucket

two

). ASU

2016

is effective for SEC filers, excluding entities eligible to be smaller reporting companies, for fiscal years, and interim periods within those fiscal years, beginning after

December 15, 2019

and beginning after

December 15, 2022

for all other public business entities. As a smaller reporting company, we are currently evaluating the impact this guidance will have on our consolidated financial statements.

December 2019,

the FASB issued ASU

2019

12,

Income Taxes (Topic

740

): Simplifying the Accounting for Income Taxes

. The amendments in this update simplify the accounting for income taxes by removing certain exceptions to the general principles in Topic

740.

The amendments also improve consistent application of and simplify GAAP for other areas of Topic

740

by clarifying and amending existing guidance. For public business entities, the amendments in this Update are effective for fiscal years, and interim periods within those fiscal years, beginning after

December 15, 2020.

For all other entities, the amendments are effective for fiscal years beginning after

December 15, 2021,

and interim periods within fiscal years beginning after

December 15, 2022.

Early adoption of the amendments is permitted. We are currently evaluating the impact this guidance will have on our consolidated financial statements.