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Note 14 - Commitments and Contingencies
9 Months Ended
Sep. 30, 2018
Notes to Financial Statements  
Commitments and Contingencies Disclosure [Text Block]
NOTE
14:
     COMMITMENTS AND CONTINGENCIES
 
Pursuant to an Asset Purchase Agreement entered into on
October 31, 2017,
CVD Mesoscribe Technologies Corporation, (“buyer”) a wholly-owned indirect subsidiary of CVD Equipment Corporation acquired substantially all of the operating assets and business of Mesoscribe Technologies, Inc., (“Seller”). The purchase price for the assets acquired in the Acquisition was
$800,000
of which
$500,000
was paid on the Closing Date and
$300,000
may
be paid to the Seller as additional acquisition related contingent consideration based upon the achievement of certain revenue thresholds and other criteria set forth in the Asset Purchase Agreement with respect to each of the
two
(
2
) consecutive
twelve
(
12
) month measurement periods following the Closing Date. The contingent liability was
$300,000
as of
September 30, 2018
and
December 31, 2017.