Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Advances on Contracts

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Note 8 - Advances on Contracts
6 Months Ended
Jun. 30, 2017
Notes to Financial Statements  
Advances to Contract Manufacturer [Text Block]
NOTE
8
ADVANCES ON CONTRACTS
 
The advances on contracts represent funding of future STA inventory purchases. The balance of the advances as of
June 30, 2017
and
December 31, 2016
is
$851,504
and
$700,900,
respectively. The advance is classified as current based on the estimated annual usage of the underlying inventory.