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Other Non-Current Assets
 12 Months Ended
Dec. 31, 2018
Investments, All Other Investments [Abstract]  
Other Non-Current Assets

NOTE F – OTHER NON-CURRENT ASSETS

Other long-term assets consist of the following:

 

     December 31,
2018		      December 31,
2017		  

Deposits

    $ —        $ 532,500  
  

 

 

     

 

 

  

Total other long-term assets

    $ —        $ 532,500  
  

 

 

     

 

 

  

Deposits for the year ended December 31, 2017 include $432,500 on account with the United Kingdom’s Ministry of Defense relating to the expense deposits for HMS Sussex and $100,000 deposit to fund conservation and documentation of any artifacts recovered. Theses HMS Sussex deposits of $532,500 are refundable in their entirety, net of approved Ministry of Defense related expenses. In January 2019, the United Kingdom’s Ministry of Defense returned the deposit, including interest, in the amount of $588,965. For the year ended December 31, 2018, this amount is disclosed in Other current assets.