Note 15 - Subsequent Events |
6 Months Ended |
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Jun. 30, 2018 | |
Notes to Financial Statements | |
Subsequent Events [Text Block] |
Note 15: Subsequent EventsOn
August 7, 2018, the Board of Directors approved a change in strategy as it relates to our previously internally developed IT platform. The Company will move away from internal development and utilize a 3
rd party software-as-a-service CRM platform as the basis for its IT infrastructure. Based on this decision, the Company expects to record an impairment of approximately $500,000 of previously capitalized software development costs during the third quarter of 2018.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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