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Note 9 - Prepaid Expenses and Other

6 Months Ended

Jun. 30, 2021

Notes to Financial Statements

Prepaid Expenses and Other [Text Block]

9. PREPAID EXPENSES AND OTHER

Included in prepaid expense and other at June 30, 2021 was $1.4 million relating to deposits for a range of hardware devices. These devices were ordered in conjunction with the Company securing the recent license contracts in Africa and are expected to be delivered over the next few quarters as the hardware is deployed. Additional deposits are sometimes required before shipment of the inventory, and prepaid may increase before the inventory is received, while other orders have extended payment terms.

		June 30,				December 31,
		2021				2020
Deposit for inventory		$	1,446,471			$	66,995
Other prepaid expenses			107,786				64,178
Insurance			16,428				45,468
Software licenses			41,414				24,866
Total prepayments		$	1,612,099			$	201,507

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