Note 13 - Subsequent Events

3 Months Ended

Mar. 31, 2019

Notes to Financial Statements

Subsequent Events [Text Block]

(

1

3

)    Subsequent Events

In

April 2019,

the Company submitted a Form S-

1

Registration Statement (S-

1

) to the Securities and Exchange Commission in order to offer for sale units consisting of shares of common stock or some combination of common stock and warrants to purchase shares of common stock. Proposed maximum aggregate offering is approximately

$18,000,000.

The net cash realized by the Company will be less than the maximum aggregate offering due to offering expenses, underwriting discounts and commissions. The S-

1

has

not

yet been declared effective by the Securities and Exchange Commission.