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Note 9 - Related Party Transactions
9 Months Ended
Sep. 30, 2019
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]

Note 9 - Related Party Transactions


On September 30, 2011, Diamond Bar leased a showroom in High Point, North Carolina from the Company’s president who is currently also the Chief Executive Officer and Chairman of the Board. The lease is to be renewed and has been renewed each year since 2011. On March 27, 2019, the Company renewed the lease for an additional one year term. The lease was for the amount of $34,561, with a term of one year and only for use during two furniture exhibitions to be held between April 1, 2019 and March 31, 2020. During the nine months ended September 30, 2019 and 2018, the Company paid rental amounts of $17,281 and $34,561 that are included in selling expenses, respectively; and $0 and $17,281 for the three months ended September 30, 2019 and 2018, respectively.


On January 4, 2018, the Company entered into a sales representative agreement with a consulting firm, which is owned by the Chief Executive Officer and Chairman of the Board, for sales representative service for a term of two years. The Company agreed to compensate the sales representative via commission at predetermined rates of the relevant sales amount. During the nine months ended September 30, 2019 and 2018, the Company recorded $97,223 and $111,458 as commission expense to this sales representative consulting firm, respectively; and $29,112 and $55,691 for the three months ended September 30, 2019 and 2018, respectively.