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Note 5 - Accounts Receivable
6 Months Ended
Jun. 30, 2021
Notes to Financial Statements  
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

5.

ACCOUNTS RECEIVABLE

 

Accounts receivable are carried at original amount less an estimate made for doubtful receivables based on a review of all outstanding amounts on a monthly basis. Management determines the allowance for doubtful receivables by regularly evaluating individual customer receivables and considering a customer’s financial condition, credit history, and current economic conditions. Accounts receivable are written off when deemed uncollectible.

 

Accounts receivable at June 30, 2021 and December 31, 2020 consisted of the following: 

 

  

June 30,

  

December 31,

 
  

2021

  

2020

 
         

Accounts receivable - current

 $1,411,462  $561,834 
Loss on foreign currency  (50,000)  - 

Allowance for doubtful account

  (13,785

)

  (13,785

)

Accounts receivable, net of allowances for doubtful accounts

 $1,347,677  $548,049