XML 56 R13.htm IDEA: XBRL DOCUMENT v3.23.2
Note 5 - Lines of Credit
 6 Months Ended
Jun. 30, 2023
Notes to Financial Statements  
Debt Disclosure [Text Block]

NOTE 5 - LINES OF CREDIT

 

In connection with certain orders, we provide the customer with a working guarantee, prepayment guarantee, or a security bond. For that purpose, the Company has a credit line of EUR 1,350,000 (approximately $1,480,000) secured by a cash deposit, available for issuance of trade finance products. As of June 30, 2023, the Company had guaranties of $112,355 issued against the credit line.