Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Prepaid Expenses

Note 7 - Prepaid Expenses
6 Months Ended
Jun. 30, 2023
Notes to Financial Statements  
Prepaid Expenses [Text Block]

Note 7. Prepaid Expenses


Prepaid expenses current and long term amounted to approximately $347,000 and $49,000, respectively at June 30, 2023, as compared to $46,000 and $49,000, respectively at December 31, 2022. Prepaid expenses include prepayments in cash for accounting fees, public company expenses, insurance, which are being amortized over the terms of their respective agreements, as well as cost associated with certain contract liabilities. The current portion consists of costs paid for future services which will occur within a year.