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Note 5 - Intangible Assets | 12 Months Ended
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Dec. 31, 2019
Notes to Financial Statements |
Intangible Assets Disclosure [Text Block] | NOTE 5 - INTANGIBLE ASSETS At December 31, 2019 and December 31, 2018, other intangible assets, net of accumulated amortization, consisted of Customer relationship acquired in connection with the purchase of BS Plastic A/S and patents on the Company’s products. Intangible assets consisted of the following at December 31, 2019 and December 31, 2018:
|  | 2019 |  |  | 2018 |
Customer Relationships |  | $ | 494,315 |  |  | $ | - |
Patentcost |  |  | 135,683 |  |  |  | 109,748 |
|  |  | 629,998 |  |  |  | 109,748 |
Less Accumulated depreciation |  |  | (141,282 | ) |  |  | (109,000 | )
Intangible assets, net |  | $ | 488,716 |  |  | $ | 748 |
Expected future amortization expense for the years ended are as follows:
Year ending December 31, |  | Amortization Expenses |
2020 |  |  | 101,599 |
Thereafter |  |  | 387,117 |
|  | $ | 488,716 |

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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