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Note 5 - Lines of Credit
 3 Months Ended
Mar. 31, 2022
Notes to Financial Statements  
Debt Disclosure [Text Block]

NOTE 5 - LINES OF CREDIT

 

In connection with certain orders, we provide the customer a working guarantee, a prepayment guarantee or a security bond. For that purpose, we have a guaranteed credit line of EUR 1,750,000 (approximately $1,850,000) secured by a cash deposit. As of March 31, 2022, our bank has issued working guaranties of $484,063 for our customers against the credit line..