Quarterly report pursuant to Section 13 or 15(d)

Note 10 - VAT Receivable

Note 10 - VAT Receivable
9 Months Ended
Sep. 30, 2023
Notes to Financial Statements  
Accounts and Nontrade Receivable [Text Block]

Note 10. VAT Receivable


On January 1, 2021, VAT rules relating to imports and exports between the UK and EU changed as a result of the UK’s departure from the EU. As of September 30, 2023 and December 31, 2022, the Company recorded a receivable in the amount of approximately $369,000 and $433,000, respectively, for amounts available to reclaim against the tax liability from UK and EU countries.