XML 21 R11.htm IDEA: XBRL DOCUMENT v3.23.2
Note 5 - Leases
6 Months Ended
Jun. 30, 2023
Notes to Financial Statements  
Lessee, Operating Leases [Text Block]

(5) LEASES

 

The Company entered into an operating lease in January 2023 for office and warehouse space, which has a lease term expiring in January 2026, with an option to extend for an additional three years. As it is not reasonably certain the Company will exercise the option to extend, the additional three years have not been included in the lease term.  This lease replaced an existing operating lease which expired in January 2023. Right-of-use assets are recorded net of accumulated amortization, which was $8,502 as of June 30, 2023.  Lease expense for lease payments are recognized on a straight-line basis over the lease term.  Lease expense for the three and six months ended June 30, 2023 was $5,612 and $15,147.  Lease expense for the three and six months ended June 30, 2022 was $7,397 and $14,874, respectively.