Note 10 - COMMITMENTS

9 Months Ended

Sep. 30, 2023

COMMITMENTS

COMMITMENTS

NOTE 10 - COMMITMENTS

The Company entered into a construction contract in 2023 for the construction of a new CRBT facility in Cedar Rapids, Iowa.  The Company will pay the contractor a contract price of approximately $17.0 million, subject to additions and deductions as provided in the contract documents. As of September 30, 2023, the Company has paid $1.2 million of the contract price, resulting in a remaining future commitment of $15.8 million. Construction is anticipated to be completed in 2024.