Annual report pursuant to Section 13 and 15(d)

Note F - Advances on Contracts

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Note F - Advances on Contracts
12 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
Advances to Contract Manufacturer [Text Block]
NOTE F — ADVANCES ON CONTRACTS
 
The advances on contracts represent funding of future STA inventory purchases and epidural replacements parts. The balance of the advances as of
December 31, 2018
and
2017
is approximately  
$649,000
and
$697,000
respectively. The advance is classified as current based on the estimated annual usage of the underlying inventory.