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Note 5 - Concentrations of Credit Risk
12 Months Ended
Dec. 31, 2022
Notes to Financial Statements  
Concentration Risk Disclosure [Text Block]

(5) CONCENTRATIONS OF CREDIT RISK:

 

Significant concentrations of credit risk for all financial instruments owned by the Company are as follows:

 

DEMAND DEPOSITS––We maintain bank accounts in Federal credit unions and other financial institutions, which are insured up to the Federal Deposit Insurance Corporation limits of $250,000. The bank accounts may exceed federally insured levels.

 

The Company does not any off-balance sheet concentrations of credit risk, such as foreign currency exchange contracts, option contracts or other hedging arrangements.