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Note 7 - Other Comprehensive Income
3 Months Ended
Mar. 31, 2021
Notes to Financial Statements  
Comprehensive Income (Loss) Note [Text Block]
Note
7
- Other Comprehensive Income
 
In the
three
months ended
March 31, 2021
and
2020,
the Company incurred other comprehensive income (loss) of approximately
$32,000
and (
$1,364,000
), respectively, from foreign currency translation adjustments.  The main contributing factor for the large other comprehensive loss in the
three
months ended
March 31, 2020
was the sudden
25%
decline in the valuation of the Mexican peso related to the COVID-
19
pandemic and the resulting large-scale, rapid impacts to the world economy.  The Mexican peso has since generally stabilized which has afforded the Company a small income for
three
months ended
March 31, 2021.