Note 9 - Related Party Transactions |
6 Months Ended |
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Jun. 30, 2026 | |
| Notes to Financial Statements | |
| Related Party Transactions Disclosure [Text Block] |
Note 9. Related Party Transactions
In the first two quarters of 2026, the Company paid Vialytix, LLC, a company owned by the CEO (John Givens) and his wife, $187,500 for software licenses.
In the fourth quarter of 2025, the Company paid Vialytix, LLC $62,525 for licenses to a software product developed by Vialytix. The software product, which collects, evaluates, and analyzes simulation data, is modified and integrated by the Company with its product offerings in a format that allows users to increase training and manage budgets. The Company believes that integration of the software with its product offerings provides a customer-desired enhancement and improves the Company’s position against its competitors. Mr. Givens had commenced development of the software product prior to joining the Company as an officer in May 2022, and Vialytix and the Company entered into a cooperative agreement in November 2023.
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