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Note T - Subsequent Events
12 Months Ended
Dec. 31, 2017
Notes to Financial Statements  
Subsequent Events [Text Block]
NOTE
 T — SUBSEQUENT EVENTS
 
 
In
January 2018 the Company 
entered into a purchase commitment for the delivery of
2,000
instruments beginning in the
3rd
quarter of
2018,
the Company’s purchase commitment for this purchase order was
$1,397,440.
 
As of
March 2, 2018,
the Note Receivable identified on the Balance Sheet
 was in default. If Milestone Scientific exercises its rights as a secured party it
may
be obligated to return to the purchaser up to the
$250,000
received for the Milestone China Shares as surplus. At this time Milestone Scientific has
not
received a response from the purchaser of the Milestone China Shares, Milestone Scientific has
not
recorded any financial benefit from the sale of Milestone China Shares to date.