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Note 13 - Related Party Transactions
 12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
13.
   Related Party Transactions
 
Stephen M. Merrick, a former executive is counsel of a law firm from which the Company had received legal services during the
2018
fiscal year. Mr. Merrick was both a director and a shareholder of the Company. Legal fees paid to this firm were
$0
and
$88,000
for the years ended
December 31, 2019
and
2018,
respectively.
 
John H. Schwan, Chairman of the Board, is the brother of Gary Schwan,
one
of the owners of Schwan Incorporated, which provides building maintenance services to the Company. The Company made payments to Schwan Incorporated of approximately
$16,000
and
$41,000
during the years ended
December 31, 2019
and
2018,
respectively.
 
During the period from
January 2003
to the present, John H. Schwan, Chairman of the Board, has made loans to the Company which have outstanding balances, for the Company of
$1.6
million as of
December 31, 2018.
During
January 2019
he converted
$0.6
million to equity at the then market price of our stock. Including accrued interest, his balance was
$1.1
million as of
December 31, 2019.
During
2019
and
2018,
interest expense on these outstanding loans was
$61,000
and
$93,000,
respectively.
 
Items identified as Notes Payable Affiliates in the Company's Consolidated Balance Sheet as of
December 31, 2019
and
2018
include loans by shareholders to Flexo Universal totaling
$14,000
and
$28,000,
respectively.
 
On
July 1, 2019,
the Company deconsolidated Clever, and as result the Company has a note receivable of
$1.3
million. One of owners of Clever is Mr. Schwan, the Company’s chairman.