Reliv' International (RELV) 10-Q 13 Nov 20 2020 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2020	Nov. 06, 2020
Document Information [Line Items]
Entity Registrant Name	RELIV INTERNATIONAL INC
Entity Central Index Key	0000768710
Trading Symbol	relv
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding (in shares)		1,746,449
Entity Shell Company	false
Document Type	10-Q
Document Period End Date	Sep. 30, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Amendment Flag	false
Title of 12(b) Security	Common Stock, par value $0.001

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Assets
Cash and cash equivalents	$ 3,339,675	$ 1,630,779
Accounts receivable, less allowances of $5,000 in 2020 and 2019	58,157	107,369
Notes & accounts receivables and deposits - related parties	1,106,221	1,099,228
Inventories
Finished goods	2,515,500	2,275,306
Raw materials	205,740	305,571
Sales aids and promotional materials	107,498	120,811
Total inventories	2,828,738	2,701,688
Refundable income taxes	25,243	22,406
Prepaid expenses and other current assets	465,377	304,048
Total current assets	7,823,411	5,865,518
Notes and accounts receivables - related parties	2,331,844	2,418,921
Operating lease right-to-use assets	285,450	354,440
Intangible assets, net	1,552,788	1,722,277
Equity investment	505,000	505,000
Property, plant and equipment:
Land and land improvements	905,190	905,190
Building	10,153,222	10,145,005
Office & other equipment	1,246,779	1,237,142
Computer equipment & software	2,209,269	2,240,063
Property, Plant and Equipment, Gross, Ending Balance	14,514,460	14,527,400
Less: Accumulated depreciation	10,306,452	10,086,560
Net property, plant and equipment	4,208,008	4,440,840
Total assets	16,706,501	15,306,996
Liabilities and stockholders' equity
Trade accounts payable and other accrued expenses	1,682,660	1,565,198
Distributors' commissions payable	1,024,724	891,492
Sales taxes payable	130,020	139,542
Payroll and payroll taxes payable	321,453	212,716
Total accounts payable and accrued expenses	3,158,857	2,808,948
Income taxes payable	46,013	121,177
Deferred revenue	309,016	322,261
Operating lease liabilities	182,565	236,771
Revolving line of credit	500,000	500,000
Current portion of long-term debt	477,229
Total current liabilities	4,673,680	3,989,157
Noncurrent liabilities:
Operating lease liabilities	87,889	103,580
Long-term debt, less current portion	384,771
Other noncurrent liabilities	126,320	112,616
Total noncurrent liabilities	598,980	216,196
Stockholders' equity:
Preferred stock, par value $.001 per share; 500,000 shares authorized; -0- shares issued and outstanding	0	0
Common stock, par value $.001 per share; 5,000,000 authorized; 2,110,013 shares issued and 1,746,449 shares outstanding	2,110	2,110
Additional paid-in capital	30,643,771	30,643,771
Accumulated deficit	(12,416,931)	(12,755,495)
Accumulated other comprehensive loss:
Foreign currency translation adjustment	(943,686)	(937,320)
Treasury stock	(5,851,423)	(5,851,423)
Total stockholders' equity	11,433,841	11,101,643
Total liabilities and stockholders' equity	$ 16,706,501	$ 15,306,996

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Accounts receivable, allowances	$ 5,000	$ 5,000
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	500,000	500,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	5,000,000	5,000,000
Common stock, shares issued (in shares)	2,110,013	2,110,013
Common stock, shares outstanding (in shares)	1,746,449	1,746,449

Condensed Consolidated Statemen

Condensed Consolidated Statements of Net Income (Loss) and Comprehensive Income (Loss) (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Net sales	$ 8,668,344	$ 9,148,865	$ 26,967,569	$ 26,895,382
Costs and expenses:
Cost of goods sold	2,290,223	2,497,993	7,147,554	7,200,716
Distributor royalties and commissions	2,801,005	2,939,187	8,719,538	8,721,852
Selling, general and administrative	3,744,220	3,796,276	11,023,006	11,224,748
Total costs and expenses	8,835,448	9,233,456	26,890,098	27,147,316
Income (loss) from operations	(167,104)	(84,591)	77,471	(251,934)
Other income (expense):
Interest income	45,904	41,548	124,614	137,028
Interest expense	(6,717)	(24,250)	(20,755)	(39,737)
Other income (expense)	56,202	(12,564)	86,234	(13,224)
Gain on sale of fixed assets				434,549
Income (loss) before income taxes	(71,715)	(79,857)	267,564	266,682
Provision (benefit) for income taxes	53,000	86,000	(71,000)	197,000
Net income (loss)	(124,715)	(165,857)	338,564	69,682
Other comprehensive income (loss):
Foreign currency translation adjustment	47,041	(27,307)	(6,366)	(15,554)
Comprehensive income (loss)	$ (77,674)	$ (193,164)	$ 332,198	$ 54,128
Earnings (loss) per common share - Basic & Diluted (in dollars per share)	$ (0.07)	$ (0.09)	$ 0.19	$ 0.04
Weighted average shares (in shares)	1,746,000	1,746,000	1,746,000	1,746,000
Product [Member]
Net sales	$ 7,935,387	$ 8,395,941	$ 24,855,366	$ 24,809,979
Freight Income [Member]
Net sales	489,479	521,192	1,494,281	1,521,014
Product and Service, Other [Member]
Net sales	$ 243,478	$ 231,732	$ 617,922	$ 564,389

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Operating activities:
Net income (loss)	$ 338,564	$ 69,682
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	429,274	437,816
Stock-based compensation		15,918
Non-cash other revenue		(259,299)
Non-cash miscellaneous loss		24,618
(Gain) loss on sale of property, plant and equipment		(434,549)
Foreign currency transaction (gain) loss	12,548	18,942
(Increase) decrease in trade, accounts & notes receivable, and deposits from related parties	33,249	(812,477)
(Increase) decrease in inventories	(140,366)	1,090,895
(Increase) decrease in refundable income taxes	(2,837)	(2,251)
(Increase) decrease in prepaid expenses and other current assets	(159,437)	(45,501)
(Increase) decrease in other assets		(76,128)
Increase (decrease) in income taxes payable	(78,136)	11,323
Increase (decrease) in accounts payable & accrued expenses, deferred revenue, and other noncurrent liabilities	338,665	(12,350)
Net cash provided by operating activities	771,524	26,639
Investing activities:
Purchase of property, plant and equipment	(26,995)	(84,457)
Payments received on notes receivables - related parties	97,235	131,003
Net cash provided by investing activities	70,240	46,546
Financing activities:
Proceeds from line of credit borrowings		500,000
Proceeds from long-term borrowings	862,000
Net cash provided by financing activities	862,000	500,000
Effect of exchange rate changes on cash and cash equivalents	5,132	(22,380)
Increase (decrease) in cash and cash equivalents	1,708,896	550,805
Cash and cash equivalents at beginning of period	1,630,779	1,989,974
Cash and cash equivalents at end of period	$ 3,339,675	$ 2,540,779

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Treasury Stock [Member]	Total
Balance (in shares) at Dec. 31, 2018	2,110,013				264,853
Balance at Dec. 31, 2018	$ 2,110	$ 30,622,547	$ (12,311,138)	$ (982,095)	$ (5,338,560)	$ 11,992,864
Net income (loss)			623,644			623,644
Foreign currency translation adjustment				22,211		22,211
Total comprehensive income (loss)						645,855
Treasury stock acquired (Note 2) (in shares)					99,200
Treasury stock acquired (Note 2)					$ (540,144)	(540,144)
Other (in shares)					(489)
Other					$ 27,281	27,281
Stock-based compensation		5,306				5,306
Balance (in shares) at Mar. 31, 2019	2,110,013				363,564
Balance at Mar. 31, 2019	$ 2,110	30,627,853	(11,687,494)	(959,884)	$ (5,851,423)	12,131,162
Balance (in shares) at Dec. 31, 2018	2,110,013				264,853
Balance at Dec. 31, 2018	$ 2,110	30,622,547	(12,311,138)	(982,095)	$ (5,338,560)	11,992,864
Net income (loss)						69,682
Foreign currency translation adjustment						(15,554)
Total comprehensive income (loss)						54,128
Balance (in shares) at Sep. 30, 2019	2,110,013				363,564
Balance at Sep. 30, 2019	$ 2,110	30,638,465	(12,241,456)	(997,649)	$ (5,851,423)	11,550,047
Balance (in shares) at Mar. 31, 2019	2,110,013				363,564
Balance at Mar. 31, 2019	$ 2,110	30,627,853	(11,687,494)	(959,884)	$ (5,851,423)	12,131,162
Net income (loss)			(388,105)			(388,105)
Foreign currency translation adjustment				(10,458)		(10,458)
Total comprehensive income (loss)						(398,563)
Stock-based compensation		5,306				5,306
Balance (in shares) at Jun. 30, 2019	2,110,013				363,564
Balance at Jun. 30, 2019	$ 2,110	30,633,159	(12,075,599)	(970,342)	$ (5,851,423)	11,737,905
Net income (loss)			(165,857)			(165,857)
Foreign currency translation adjustment				(27,307)		(27,307)
Total comprehensive income (loss)						(193,164)
Stock-based compensation		5,306				5,306
Balance (in shares) at Sep. 30, 2019	2,110,013				363,564
Balance at Sep. 30, 2019	$ 2,110	30,638,465	(12,241,456)	(997,649)	$ (5,851,423)	11,550,047
Balance (in shares) at Dec. 31, 2019	2,110,013				363,564
Balance at Dec. 31, 2019	$ 2,110	30,643,771	(12,755,495)	(937,320)	$ (5,851,423)	11,101,643
Net income (loss)			662,336			662,336
Foreign currency translation adjustment				(39,611)		(39,611)
Total comprehensive income (loss)						622,725
Balance (in shares) at Mar. 31, 2020	2,110,013				363,564
Balance at Mar. 31, 2020	$ 2,110	30,643,771	(12,093,159)	(976,931)	$ (5,851,423)	11,724,368
Balance (in shares) at Dec. 31, 2019	2,110,013				363,564
Balance at Dec. 31, 2019	$ 2,110	30,643,771	(12,755,495)	(937,320)	$ (5,851,423)	11,101,643
Net income (loss)						338,564
Foreign currency translation adjustment						(6,366)
Total comprehensive income (loss)						332,198
Balance (in shares) at Sep. 30, 2020	2,110,013				363,564
Balance at Sep. 30, 2020	$ 2,110	30,643,771	(12,416,931)	(943,686)	$ (5,851,423)	11,433,841
Balance (in shares) at Mar. 31, 2020	2,110,013				363,564
Balance at Mar. 31, 2020	$ 2,110	30,643,771	(12,093,159)	(976,931)	$ (5,851,423)	11,724,368
Net income (loss)			(199,057)			(199,057)
Foreign currency translation adjustment				(13,796)		(13,796)
Total comprehensive income (loss)						(212,853)
Balance (in shares) at Jun. 30, 2020	2,110,013				363,564
Balance at Jun. 30, 2020	$ 2,110	30,643,771	(12,292,216)	(990,727)	$ (5,851,423)	11,511,515
Net income (loss)			(124,715)			(124,715)
Foreign currency translation adjustment				47,041		47,041
Total comprehensive income (loss)						(77,674)
Balance (in shares) at Sep. 30, 2020	2,110,013				363,564
Balance at Sep. 30, 2020	$ 2,110	$ 30,643,771	$ (12,416,931)	$ (943,686)	$ (5,851,423)	$ 11,433,841

Note 1 - Accounting Policies

Note 1 - Accounting Policies	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Significant Accounting Policies [Text Block]	1. Basis of Presentation The accompanying unaudited condensed consolidated financial statements and notes thereto have been prepared in accordance with the instructions to Form 10 not may not may 10 December 31, 2019, March 27, 2020 Impact of COVID- 19 In March 2020, 19 19 March 2020. The ultimate impact of the COVID- 19 19 may 19 may may Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. Due to the COVID- 19 not 10 may Concentrations of Risk Effective January 1, 2019, 2 3 Variable Interest Entities (VIE) - Unconsolidated Effective January 1, 2019, We do not not not not See Note 2 3 Going Concern We have incurred operating losses, declining net sales, and negative net cash flows over our most recent five not September 30, 2020, $3.3 may not one We have taken steps during 2020 ● Obtaining a loan under the Payroll Protection Program in April 2020 $862,000. 5—PPP ● Obtaining a new term loan on November 5, 2020 $4.0 5—Term $500,000 9, Coupled with cash generated from operations, we believe these steps will provide us with sufficient liquidity. However, depending on future operating results, we may These condensed consolidated financial statements have been prepared on a going concern basis and do not may no New Accounting Pronouncements – Not In June 2016, No. 2016 13, Credit Losses (Topic 326 may may January 1, 2023, In December 2019, No. 2019 12, Income Taxes (Topic 740 January 1, 2021,

Note 2 - Sale of Manufacturing

Note 2 - Sale of Manufacturing Operations' Assets	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	2. On January 1, 2019, ● Inventories (sold at cost of $1.56 ● Machinery and other equipment with a net book value of $565,000 $1 $435,000 Nutracom was formed by our manufacturing operations management which included former officers of the Company. Employees of our manufacturing operations were offered employment by Nutracom. Prior to its approval of the transaction, our Board of Directors formed a special committee consisting of the Board's independent directors to review the transaction. To assist in its review, the special committee engaged a qualified third Concurrently with the execution of the Purchase Agreement, we entered into several agreements with Nutracom including a product supply agreement for a term of seven seven five $193,000 $410,000 seven Nutracom provided the following consideration to us for the manufacturing operations and related identified assets and agreements: ● $1 seven 5.5%, June 1, 2019 2 ● $764,344 seven 7.0%, first two ten first October 1, 2019 2 ● Nutracom management transferred to us its ownership of 99,200 $540,144. Reliv' International, Inc. and Subsidiaries Notes to Consolidated Financial Statements (Unaudited) 2. ● Nutracom issued to us a non-voting Class B 15% not June 2020, 15% 5% ● Commencing January 1, 2020, 1.0% 1.25% Our non-voting Class B equity membership interest in Nutracom was valued by the aforementioned third $505,000. not We accounted for the aforementioned Nutracom transactions in our first 2019 Promissory Note Modification – June 1, 2019 On June 1, 2019, January 1, 2019, ● Effective June 1, 2019, $500,000 $460,583 $500,000 ● The $460,583 June 1, 2019 6.0% December 2020. January 1, 2021, $8,904 60 Promissory Note Modification – October 1, 2019 In December 2019, January 1, 2019, ● Effective October 1, 2019, January 1, 2019 $764,344 $711,163. $53,181 January 1, 2019. ● The $711,163 January 1, 2019 October 1, 2019 7.0% December 2020. January 1, 2021, $8,257, ten 60 January 1, 2026. Reliv' International, Inc. and Subsidiaries Notes to Consolidated Financial Statements (Unaudited)

Note 3 - Related Parties

Note 3 - Related Parties	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	3. The following summarizes our related party activities with Nutracom and a significant distributor of the Company. September 30 December 31 2020 2019 Assets and liabilities - related parties Notes & accounts receivables and deposits - current Deposits with Nutracom for inventory $ 808,515 $ 941,154 Note receivable - distributor 136,627 130,629 Note receivable - Nutracom unsecured DTD 6/1/2019 60,615 - Note receivable - Nutracom unsecured DTD 10/1/2019 37,853 - Other miscellaneous receivables 62,611 27,445 $ 1,106,221 $ 1,099,228 Notes & accounts receivables - non-current Note receivable - distributor $ 1,048,210 $ 1,151,443 Note receivable - Nutracom unsecured DTD 6/1/2019 399,968 460,583 Note receivable - Nutracom unsecured DTD 10/1/2019 673,310 711,163 Unbilled receivables: Straight line rent revenue greater than rental billings 210,356 95,732 $ 2,331,844 $ 2,418,921 Equity investment in Nutracom $ 505,000 $ 505,000 Liability captions with Nutracom balances included therein Trade accounts payable and other accrued expenses $ 207,786 $ 430,907 The following table presents scheduled principal payments to be received on the distributor and Nutracom promissory notes receivable: Remainder of 2020 $ 33,394 2021 271,037 2022 288,294 2023 306,655 2024 326,190 Thereafter 1,131,013 $ 2,356,583 Reliv' International, Inc. and Subsidiaries Notes to Consolidated Financial Statements (Unaudited) 3. Nine months ended September 30 2020 2019 Revenue and expense - related parties Other revenue $ 617,922 $ 564,389 Selling, general and administrative expense: Fullfillment & professional fees 466,148 458,826 Interest income on promissory notes 113,584 132,750 Royalty income (other income/expense) 48,682 - Gain on sale of fixed assets - 434,549 Finished goods inventory purchased from Nutracom $ 5,023,000 $ 4,042,000 At September 30, 2020, $1.0 Supplementary Disclosure of Cash Flows Information We incurred the following noncash investing and financing transactions on January 1, 2019 2019 January 1, 2019 Sale of fixed assets $ 1,000,000 Sale of inventories 1,559,488 First year building rental received in advance 250,000 Acquire company common stock for treasury 540,144 Acquire equity investment in Nutracom 505,000 Secured promissory note received 1,000,000 Unsecured promissory note received 764,344 June 1, 2019 Secured promissory note receivable balance decreased; applied as reduction to outstanding trade accounts payable 500,000 Unsecured promissory note received in exchange for remaining secured promissory note balance and other considerations 460,583 Reliv' International, Inc. and Subsidiaries Notes to Consolidated Financial Statements (Unaudited)

Note 4 - Fair Value of Financia

Note 4 - Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Fair Value Disclosures [Text Block]	4 . Fair Value of Financial Instruments Fair value can be measured using valuation techniques such as the market approach (comparable market prices), the income approach (present value of future income or cash flow), and the cost approach (cost to replace the service capacity of an asset or replacement cost). Accounting standards utilize a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2: Inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets or similar assets or liabilities in markets that are not Level 3: Unobservable inputs that reflect the reporting entity's own assumptions. The carrying amount and fair value of financial instruments were approximately as follows: Carrying Fair Description Amount Value Level 1 Level 2 Level 3 September 30, 2020 Revolving line of credit $ 500,000 $ 500,000 - $ 500,000 - PPP SBA note 862,000 862,000 $ 862,000 - - Note receivable - distributor 1,184,837 1,317,000 - 1,317,000 - Notes receivable - Nutracom 1,171,746 1,229,000 - - $ 1,229,000 December 31, 2019 Revolving line of credit $ 500,000 $ 500,000 - $ 500,000 - Note receivable - distributor 1,282,072 1,400,000 - 1,400,000 - Notes receivable - Nutracom 1,171,746 1,169,000 - - $ 1,169,000 Revolving line of credit thirty PPP SBA note 2020 Note receivable - distributor fifteen Reliv' International, Inc. and Subsidiaries Notes to Consolidated Financial Statements (Unaudited) 4 . Fair Value of Financial Instruments (continued) Note s receivable - Nutracom two third The carrying value of other financial instruments, including cash, accounts receivable and accounts payable, and accrued liabilities approximate fair value due to their short maturities or variable-rate nature of the respective balances.

Note 5 - Debt

Note 5 - Debt	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Debt Disclosure [Text Block]	5 . Debt September 30 December 31 2020 2019 Revolving line of credit $ 500,000 $ 500,000 PPP SBA note 862,000 - 1,362,000 500,000 Less current portion 977,229 500,000 Total long-term debt $ 384,771 $ - Term Loan On November 5, 2020, $4,000,000 five 4.25%, twenty Borrowings under the new term loan agreement are secured by all of our tangible and intangible assets and by a mortgage on the real estate of our headquarters facility. In addition, the term loan is secured by a personal guarantee(s) by three one $200,000 Proceeds from the term loan agreement were used to pay off our $500,000 9, Reliv' International, Inc. and Subsidiaries Notes to Consolidated Financial Statements (Unaudited) 5 . Debt (continued) Revolving Line of Credit On September 30, 2015, 2018 Effective with a September 11, 2018 $750,000. April 29, 2019 30 2.25%. January 2019, $500,000 Effective with a March 25, 2019 April 28, 2020 30 3.00%. $750,000. On April 28, 2020, six October 28, 2020 September 30, 2020, $500,000 3.16%. November 5, 2020, $500,000 PPP SBA Note On May 4, 2020, April 20, 2020 $862,000 March 2020 $862,000 April 20, 2022 1.0%. ● A deferral of principal repayment and interest for six ● The opportunity to apply for possible loan forgiveness for some or all of the loan amount. Our PPP SBA loan forgiveness accounting policy is to recognize, if applicable, any loan forgiveness amounts only when we have applied for loan forgiveness, forgiveness realization is probable, and the forgiveness amount is reasonably determinable. At September 30, 2020, not

Note 6 - Income Taxes

Note 6 - Income Taxes	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Income Tax Disclosure [Text Block]	6 . Income Taxes During the fiscal years of 2016 2019, not not Reliv' International, Inc. and Subsidiaries Notes to Consolidated Financial Statements (Unaudited) 6 . Income Taxes (continued) Under the March 2020 2018, 2019, 2020 may five first March 31, 2020, $225,000 July 2020, The effective income tax rate was ( 26.5 73.9% September 30, 2020 2019, one 2019 $25,000 2017 one Tax Audits One of our foreign subsidiaries had been under local country audit for greater than ten 2004 2006. 2005 2006 November 2019. December 2019, 2004 December 31, 2019, $84,000 February 2020. During the third 2019, 2017 October 2020, one 2019

Note 7 - Revenue Recognition

Note 7 - Revenue Recognition	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	7 . Revenue Recognition We recognize revenue from product sales under a five 20 40 not We recognize the performance obligation for membership fees-type revenue over the membership term of generally twelve We record freight income as a component of net sales and record freight costs as a component of cost of goods sold. Total sales do not Reliv' International, Inc. and Subsidiaries Notes to Consolidated Financial Statements (Unaudited) 7 . Revenue Recognition (continued) Other revenue is defined in Note 8 Actual and estimated sales returns are classified as a reduction of net sales. We estimate and accrue a reserve for product returns based on our return policy and historical experience. Our product returns policy allows for distributors to return product only upon termination of his or her distributorship. Allowable returns are limited to saleable product which was purchased within twelve 100% September 30, 2020 2019, 0.07% 0.10%, We classify our net sales into three Three months ended Nine months ended September 30 September 30 2020 2019 2020 2019 Net sales by product category Nutritional and dietary supplements $ 7,367,492 $ 7,400,530 $ 23,024,645 $ 23,042,485 Other supplements 289,982 671,790 973,224 812,083 Sales aids, membership fees, and other 277,913 323,621 857,497 955,411 Freight income 489,479 521,192 1,494,281 1,521,014 Other revenue 243,478 231,732 617,922 564,389 Total net sales $ 8,668,344 $ 9,148,865 $ 26,967,569 $ 26,895,382 We operate in one six Three months ended Nine months ended September 30 September 30 2020 2019 2020 2019 Net sales by geographic region United States $ 6,682,473 $ 6,842,640 $ 20,612,493 $ 19,859,018 Australia/New Zealand 148,012 135,123 436,883 444,500 Canada 127,791 139,991 412,448 479,418 Mexico 166,476 155,847 419,651 444,442 Europe (1) 628,810 727,038 2,193,436 2,421,971 Asia (2) 914,782 1,148,226 2,892,658 3,246,033 Total net sales $ 8,668,344 $ 9,148,865 $ 26,967,569 $ 26,895,382 ( 1 Europe consists of United Kingdom, Ireland, France, Germany, Austria, and the Netherlands. ( 2 Asia consists of Philippines and Malaysia. Reliv' International, Inc. and Subsidiaries Notes to Consolidated Financial Statements (Unaudited)

Note 8 - Lease Revenue

Note 8 - Lease Revenue	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Lessor, Leases [Policy Text Block]	8. Other revenue consists of revenue derived from leasing a portion of our headquarters building to Nutracom effective January 1, 2019. seven five $193,000 $410,000 seven We recognize lessor rent revenue on a straight-line basis over the term of the lease. As part of this straight-line methodology, the cumulative rental billings may Also included in other revenue are billings to the tenant for its share of the facility's common area costs such as real estate taxes, maintenance, and utilities; totaling approximately $358,600 $305,100 nine September 30, 2020 2019, The following table details lessor's estimated remaining straight-line rent revenue over the seven Estimated Straight-line Lease Agreement Rent Revenue Fixed Rent Remainder of 2020 $ 86,433 $ 48,225 2021 345,732 385,800 2022 345,732 385,800 2023 345,732 385,800 2024 345,732 409,913 Thereafter 345,733 409,912 Total $ 1,815,094 $ 2,025,450

Note 9 - Subsequent Events

Note 9 - Subsequent Events	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Subsequent Events [Text Block]	9. As described in Note 5, October 28, 2020, November 5, 2020. November 5, 2020, In October 2020 November 2020, fourth 2020,

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The accompanying unaudited condensed consolidated financial statements and notes thereto have been prepared in accordance with the instructions to Form 10 not may not may 10 December 31, 2019, March 27, 2020
Effect of Covid-19 Pandemic Policy Text Block	Impact of COVID- 19 In March 2020, 19 19 March 2020. The ultimate impact of the COVID- 19 19 may 19 may may
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. Due to the COVID- 19 not 10 may
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentrations of Risk Effective January 1, 2019, 2 3
Consolidation, Variable Interest Entity, Policy [Policy Text Block]	Variable Interest Entities (VIE) - Unconsolidated Effective January 1, 2019, We do not not not not See Note 2 3
Going Concern [Policy Text Block]	Going Concern We have incurred operating losses, declining net sales, and negative net cash flows over our most recent five not September 30, 2020, $3.3 may not one We have taken steps during 2020 ● Obtaining a loan under the Payroll Protection Program in April 2020 $862,000. 5—PPP ● Obtaining a new term loan on November 5, 2020 $4.0 5—Term $500,000 9, Coupled with cash generated from operations, we believe these steps will provide us with sufficient liquidity. However, depending on future operating results, we may These condensed consolidated financial statements have been prepared on a going concern basis and do not may no
New Accounting Pronouncements, Policy [Policy Text Block]	New Accounting Pronouncements – Not In June 2016, No. 2016 13, Credit Losses (Topic 326 may may January 1, 2023, In December 2019, No. 2019 12, Income Taxes (Topic 740 January 1, 2021,

Note 3 - Related Parties (Table

Note 3 - Related Parties (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Schedule of Related Party Transactions [Table Text Block]	September 30 December 31 2020 2019 Assets and liabilities - related parties Notes & accounts receivables and deposits - current Deposits with Nutracom for inventory $ 808,515 $ 941,154 Note receivable - distributor 136,627 130,629 Note receivable - Nutracom unsecured DTD 6/1/2019 60,615 - Note receivable - Nutracom unsecured DTD 10/1/2019 37,853 - Other miscellaneous receivables 62,611 27,445 $ 1,106,221 $ 1,099,228 Notes & accounts receivables - non-current Note receivable - distributor $ 1,048,210 $ 1,151,443 Note receivable - Nutracom unsecured DTD 6/1/2019 399,968 460,583 Note receivable - Nutracom unsecured DTD 10/1/2019 673,310 711,163 Unbilled receivables: Straight line rent revenue greater than rental billings 210,356 95,732 $ 2,331,844 $ 2,418,921 Equity investment in Nutracom $ 505,000 $ 505,000 Liability captions with Nutracom balances included therein Trade accounts payable and other accrued expenses $ 207,786 $ 430,907 Nine months ended September 30 2020 2019 Revenue and expense - related parties Other revenue $ 617,922 $ 564,389 Selling, general and administrative expense: Fullfillment & professional fees 466,148 458,826 Interest income on promissory notes 113,584 132,750 Royalty income (other income/expense) 48,682 - Gain on sale of fixed assets - 434,549 Finished goods inventory purchased from Nutracom $ 5,023,000 $ 4,042,000
Schedule of Principal Payments on Notes Receivables - Related Parties [Table Text Block]	Remainder of 2020 $ 33,394 2021 271,037 2022 288,294 2023 306,655 2024 326,190 Thereafter 1,131,013 $ 2,356,583
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]	2019 January 1, 2019 Sale of fixed assets $ 1,000,000 Sale of inventories 1,559,488 First year building rental received in advance 250,000 Acquire company common stock for treasury 540,144 Acquire equity investment in Nutracom 505,000 Secured promissory note received 1,000,000 Unsecured promissory note received 764,344 June 1, 2019 Secured promissory note receivable balance decreased; applied as reduction to outstanding trade accounts payable 500,000 Unsecured promissory note received in exchange for remaining secured promissory note balance and other considerations 460,583

Note 4 - Fair Value of Financ_2

Note 4 - Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Fair Value, by Balance Sheet Grouping [Table Text Block]	Carrying Fair Description Amount Value Level 1 Level 2 Level 3 September 30, 2020 Revolving line of credit $ 500,000 $ 500,000 - $ 500,000 - PPP SBA note 862,000 862,000 $ 862,000 - - Note receivable - distributor 1,184,837 1,317,000 - 1,317,000 - Notes receivable - Nutracom 1,171,746 1,229,000 - - $ 1,229,000 December 31, 2019 Revolving line of credit $ 500,000 $ 500,000 - $ 500,000 - Note receivable - distributor 1,282,072 1,400,000 - 1,400,000 - Notes receivable - Nutracom 1,171,746 1,169,000 - - $ 1,169,000

Note 5 - Debt (Tables)

Note 5 - Debt (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Schedule of Debt [Table Text Block]	September 30 December 31 2020 2019 Revolving line of credit $ 500,000 $ 500,000 PPP SBA note 862,000 - 1,362,000 500,000 Less current portion 977,229 500,000 Total long-term debt $ 384,771 $ -

Note 7 - Revenue Recognition (T

Note 7 - Revenue Recognition (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three months ended Nine months ended September 30 September 30 2020 2019 2020 2019 Net sales by product category Nutritional and dietary supplements $ 7,367,492 $ 7,400,530 $ 23,024,645 $ 23,042,485 Other supplements 289,982 671,790 973,224 812,083 Sales aids, membership fees, and other 277,913 323,621 857,497 955,411 Freight income 489,479 521,192 1,494,281 1,521,014 Other revenue 243,478 231,732 617,922 564,389 Total net sales $ 8,668,344 $ 9,148,865 $ 26,967,569 $ 26,895,382
Revenue from External Customers by Geographic Areas [Table Text Block]	Three months ended Nine months ended September 30 September 30 2020 2019 2020 2019 Net sales by geographic region United States $ 6,682,473 $ 6,842,640 $ 20,612,493 $ 19,859,018 Australia/New Zealand 148,012 135,123 436,883 444,500 Canada 127,791 139,991 412,448 479,418 Mexico 166,476 155,847 419,651 444,442 Europe (1) 628,810 727,038 2,193,436 2,421,971 Asia (2) 914,782 1,148,226 2,892,658 3,246,033 Total net sales $ 8,668,344 $ 9,148,865 $ 26,967,569 $ 26,895,382

Note 8 - Lease Revenue (Tables)

Note 8 - Lease Revenue (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Lessor, Operating Lease, Payment to be Received, Fiscal Year Maturity [Table Text Block]	Estimated Straight-line Lease Agreement Rent Revenue Fixed Rent Remainder of 2020 $ 86,433 $ 48,225 2021 345,732 385,800 2022 345,732 385,800 2023 345,732 385,800 2024 345,732 409,913 Thereafter 345,733 409,912 Total $ 1,815,094 $ 2,025,450

Note 1 - Accounting Policies (D

Note 1 - Accounting Policies (Details Textual) - USD ($)	Nov. 05, 2020	Sep. 30, 2020	Apr. 30, 2020	Apr. 20, 2020	Dec. 31, 2019
Cash and Cash Equivalents, at Carrying Value, Ending Balance		$ 3,339,675			$ 1,630,779
Subsequent Event [Member] | Revolving Credit Facility [Member]
Repayments of Long-term Lines of Credit	$ 500,000
Term Loan [Member] | Subsequent Event [Member]
Debt Instrument, Face Amount	$ 4,000,000
Paycheck Protection Program CARES Act [Member]
Debt Instrument, Face Amount			$ 862,000	$ 862,000

Note 2 - Sale of Manufacturin_2

Note 2 - Sale of Manufacturing Operations' Assets (Details Textual) - USD ($)	Oct. 01, 2019	Jun. 01, 2019	Jan. 01, 2019	Sep. 30, 2020	Jun. 30, 2020	Jan. 01, 2020	Dec. 31, 2019	Sep. 30, 2019
Lessor, Operating Lease, Term of Contract (Year)			7 years
Lessor, Operating Lease, Renewal Term (Year)			5 years
Nutracom, LLC [Member]
Supply Commitment, Term (Year)			7 years
Lessor, Operating Lease, Term of Contract (Year)			7 years
Lessor, Operating Lease, Renewal Term (Year)			5 years
Shares Transferred From Related Parties (in shares)			99,200
Shares Transferred From Related Parties, Value			$ 540,144
Equity Interest Issued from Related Parties as Consideration			15.00%
Equity Method Investment, Ownership Percentage					5.00%
Equity Interest Issued from Related Parties as Consideration, Value			$ 505,000
Increase (Decrease) in Notes Receivables		$ (500,000)
Secured Promissory Note Exchanged for Unsecured Promissory Note		460,583
Nutracom, LLC [Member] | Secured Promissory Note [Member]
Notes Receivable, Related Parties, Noncurrent			$ 1,000,000
Notes Receivable, Related Parties, Term (Year)			7 years
Notes Receivable, Related Parties, Interest Rate			5.50%
Increase (Decrease) in Notes Receivable, Related Parties		(500,000)
Nutracom, LLC [Member] | Unsecured Promissory Note, 7 Percent Interest Rate [Member]
Notes Receivable, Related Parties, Noncurrent	$ 711,163		$ 764,344	$ 673,310			$ 711,163	$ 764,344
Notes Receivable, Related Parties, Term (Year)	7 years
Notes Receivable, Related Parties, Interest Rate	7.00%		7.00%
Notes Receivable, Interest Only Period (Year)			2 years
Notes Receivable, Related Parties, Amortization Period (Year)	10 years		10 years
Increase (Decrease) in Notes Receivables	$ (53,181)
Notes Receivable, Principal and Interest Payments	$ 8,257
Notes Receivable, Payment Term (Month)	5 years
Unsecured Promissory Note Exchanged for Unsecured Promissory Note	$ 711,163
Nutracom, LLC [Member] | Unsecured Promissory Note, 6 Percent Interest Rate [Member]
Notes Receivable, Related Parties, Noncurrent		$ 460,583		$ 399,968			$ 460,583
Notes Receivable, Related Parties, Interest Rate		6.00%
Notes Receivable, Principal and Interest Payments		$ 8,904
Notes Receivable, Payment Term (Month)		5 years
Nutracom, LLC [Member] | Minimum [Member]
Operating Lease, Lease Annual Income			$ 193,000
Percentage of Annual Revenues of Non-related Parties from Equity Interest						1.00%
Nutracom, LLC [Member] | Maximum [Member]
Operating Lease, Lease Annual Income			410,000
Percentage of Annual Revenues of Non-related Parties from Equity Interest						1.25%
Machinery and Other Equipment Sold to Nutracom [Member]
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal			435,000
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] | Inventories Sold to Nutracom [Member]
Disposal Group, Including Discontinued Operation, Consideration			1,560,000
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] | Machinery and Other Equipment Sold to Nutracom [Member]
Disposal Group, Including Discontinued Operation, Consideration			1,000,000
Disposal Group, Including Discontinued Operation, Property, Plant and Equipment, Current			$ 565,000

Note 3 - Related Parties (Detai

Note 3 - Related Parties (Details Textual) $ in Millions	Sep. 30, 2020USD ($)
Purchase Obligation, Total	$ 1

Note 3 - Related Parties - Rela

Note 3 - Related Parties - Related Party Activities (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019	Oct. 01, 2019	Jun. 01, 2019	Jan. 01, 2019
Total notes & accounts receivables and deposits	$ 1,106,221		$ 1,106,221		$ 1,099,228
Total noncurrent notes receivables	2,331,844		2,331,844		2,418,921
Equity investment in Nutracom	505,000		505,000		505,000
Other revenue			617,922	$ 564,389
Fullfillment & professional fees			466,148	458,826
Interest income on promissory notes			113,584	132,750
Gain on sale of fixed assets				434,549
Unbilled Revenues [Member]
Unbilled receivables: Straight line rent revenue greater than rental billings	210,356		210,356		95,732
Nutracom, LLC [Member]
Deposits with Nutracom for inventory	808,515		808,515		941,154
Equity investment in Nutracom	505,000		505,000		505,000
Trade accounts payable and other accrued expenses	207,786		207,786		430,907
Gain on sale of fixed assets				434,549
Finished goods inventory purchased from Nutracom			5,023,000	4,042,000
Nutracom, LLC [Member] | Other Income [Member]
Royalty income (other income/expense)			48,682
Nutracom, LLC [Member] | Unsecured Promissory Note, 6 Percent Interest Rate [Member]
Note receivable, current	60,615		60,615
Note receivable, noncurrent	399,968		399,968		460,583		$ 460,583
Nutracom, LLC [Member] | Unsecured Promissory Note, 7 Percent Interest Rate [Member]
Note receivable, current	37,853		37,853
Note receivable, noncurrent	673,310	$ 764,344	673,310	$ 764,344	711,163	$ 711,163		$ 764,344
Distributor [Member]
Note receivable, current	136,627		136,627		130,629
Note receivable, noncurrent	1,048,210		1,048,210		1,151,443
Nutracom LLC and Distributor [Member]
Total notes & accounts receivables and deposits	$ 62,611		$ 62,611		$ 27,445

Note 3 - Related Parties - Sche

Note 3 - Related Parties - Schedule of Principal Payments (Details) - Nutracom LLC and Distributor [Member]	Sep. 30, 2020USD ($)
Remainder of 2020	$ 33,394
2021	271,037
2022	288,294
2023	306,655
2024	326,190
Thereafter	1,131,013
Total Notes Receivables	$ 2,356,583

Note 3 - Related Parties - Supp

Note 3 - Related Parties - Supplemental Cash Flow Information (Details) - USD ($)	Jun. 01, 2019	Jan. 01, 2019	Mar. 31, 2019
Acquire company common stock for treasury			$ 540,144
Nutracom, LLC [Member]
Acquire company common stock for treasury		$ 540,144
Acquire equity investment in Nutracom		505,000
Secured promissory note receivable balance decreased; applied as reduction to outstanding trade accounts payable	$ 500,000
Unsecured promissory note received in exchange for remaining secured promissory note balance and other considerations	$ 460,583
Nutracom, LLC [Member] | Sale of Fixed Assets [Member]
Sale of fixed assets		1,000,000
Nutracom, LLC [Member] | Sale of Inventories [Member]
Sale of fixed assets		1,559,488
Nutracom, LLC [Member] | First Year Building Rental Received in Advance [Member]
First year building rental received in advance		250,000
Nutracom, LLC [Member] | Secured Promissory Note [Member]
Promissory note received		1,000,000
Nutracom, LLC [Member] | Unsecured Promissory Note Received [Member]
Promissory note received		$ 764,344

Note 4 - Fair Value of Financ_3

Note 4 - Fair Value of Financial Instruments - Summary of Financial Instruments (Details) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Reported Value Measurement [Member]
Revolving line of credit	$ 500,000
Revolving line of credit		$ 500,000
Reported Value Measurement [Member] | Distributor [Member]
Note receivable	1,184,837	1,282,072
Reported Value Measurement [Member] | Nutracom, LLC [Member]
Note receivable	1,171,746	1,171,746
Reported Value Measurement [Member] | SBA CARES Act Paycheck Protection Program [Member]
Note payable	862,000
Estimate of Fair Value Measurement [Member]
Revolving line of credit	500,000
Revolving line of credit		500,000
Estimate of Fair Value Measurement [Member] | Distributor [Member]
Note receivable	1,317,000	1,400,000
Estimate of Fair Value Measurement [Member] | Nutracom, LLC [Member]
Note receivable	1,229,000	1,169,000
Estimate of Fair Value Measurement [Member] | SBA CARES Act Paycheck Protection Program [Member]
Note payable	862,000
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Revolving line of credit
Revolving line of credit
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | Distributor [Member]
Note receivable
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | Nutracom, LLC [Member]
Note receivable
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | SBA CARES Act Paycheck Protection Program [Member]
Note payable	862,000
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Revolving line of credit	500,000
Revolving line of credit		500,000
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Distributor [Member]
Note receivable	1,317,000	1,400,000
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Nutracom, LLC [Member]
Note receivable
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | SBA CARES Act Paycheck Protection Program [Member]
Note payable
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Revolving line of credit
Revolving line of credit
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Distributor [Member]
Note receivable
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Nutracom, LLC [Member]
Note receivable	1,229,000	$ 1,169,000
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | SBA CARES Act Paycheck Protection Program [Member]
Note payable

Note 5 - Debt (Details Textual)

Note 5 - Debt (Details Textual) - USD ($)	Nov. 05, 2020	Mar. 25, 2019	Sep. 11, 2018	Sep. 30, 2020	Apr. 30, 2020	Apr. 20, 2020	Dec. 31, 2019	Jan. 31, 2019
Line of Credit, Current				$ 500,000			$ 500,000
Revolving Credit Facility [Member]
Debt Instrument, Interest Rate, Stated Percentage				3.16%
Line of Credit Facility, Maximum Borrowing Capacity		$ 750,000	$ 750,000
Line of Credit, Current				$ 500,000				$ 500,000
Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate		3.00%	2.25%
Subsequent Event [Member] | Revolving Credit Facility [Member]
Repayments of Long-term Lines of Credit	$ 500,000
Term Loan [Member] | Subsequent Event [Member]
Debt Instrument, Face Amount	$ 4,000,000
Debt Instrument, Term (Year)	5 years
Debt Instrument, Interest Rate, Stated Percentage	4.25%
Debt Instrument, Amortization Term (Year)	20 years
Debt Instrument, Borrower Payment to Debt Guarantors	$ 200,000
Paycheck Protection Program CARES Act [Member]
Debt Instrument, Face Amount					$ 862,000	$ 862,000

Note 5 - Debt - Schedule of Deb

Note 5 - Debt - Schedule of Debt (Details) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Revolving line of credit	$ 500,000	$ 500,000
Long-term debt	1,362,000	500,000
Less current portion	977,229	500,000
Total long-term debt	384,771
Paycheck Protection Program CARES Act [Member]
PPP SBA note	$ 862,000

Note 6 - Income Taxes (Details

Note 6 - Income Taxes (Details Textual) - USD ($)	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Mar. 31, 2020	Dec. 31, 2019
Income Tax Expense (Benefit), Total			$ 225,000
Effective Income Tax Rate Reconciliation, Percent, Total	(26.50%)	73.90%
Foreign Tax Authority [Member]
Foreign Tax Settlement		$ 25,000
Foreign Tax Authority [Member] | Tax Year 2004 [Member]
Income Tax Examination, Liability (Refund) Adjustment from Settlement with Taxing Authority				$ 84,000

Note 7 - Revenue Recognition (D

Note 7 - Revenue Recognition (Details Textual)	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Contract with Customer, Returns as Percent of Net Sales	0.07%	0.10%
Number of Reportable Segments	1
Number of Operating Segments	6
Minimum [Member]
Contract with Customer, Distributor Discount	20.00%
Maximum [Member]
Contract with Customer, Distributor Discount	40.00%

Note 7 - Revenue Recognition -

Note 7 - Revenue Recognition - Net Sales by Product Category (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Net Revenues	$ 8,668,344	$ 9,148,865	$ 26,967,569	$ 26,895,382
Nutritional and Dietary Supplements [Member]
Net Revenues	7,367,492	7,400,530	23,024,645	23,042,485
Other Supplements [Member]
Net Revenues	289,982	671,790	973,224	812,083
Sales Aids, Membership Fees, and Other [Member]
Net Revenues	277,913	323,621	857,497	955,411
Freight Income [Member]
Net Revenues	489,479	521,192	1,494,281	1,521,014
Service, Other [Member]
Net Revenues	$ 243,478	$ 231,732	$ 617,922	$ 564,389

Note 7 - Revenue Recognition _2

Note 7 - Revenue Recognition - Net Sales by Geographic Region (Details) - USD ($)		3 Months Ended		9 Months Ended
		Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Net Revenues		$ 8,668,344	$ 9,148,865	$ 26,967,569	$ 26,895,382
UNITED STATES
Net Revenues		6,682,473	6,842,640	20,612,493	19,859,018
Australia, New Zealand [Member]
Net Revenues		148,012	135,123	436,883	444,500
CANADA
Net Revenues		127,791	139,991	412,448	479,418
MEXICO
Net Revenues		166,476	155,847	419,651	444,442
Europe [Member]
Net Revenues	[1]	628,810	727,038	2,193,436	2,421,971
Asia [Member]
Net Revenues	[2]	$ 914,782	$ 1,148,226	$ 2,892,658	$ 3,246,033
[1]	Europe consists of United Kingdom, Ireland, France, Germany, Austria, and the Netherlands.
[2]	Asia consists of Philippines and Malaysia.

Note 8 - Lease Revenue (Details

Note 8 - Lease Revenue (Details Textual) - USD ($)	Jan. 01, 2019	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Lessor, Operating Lease, Term of Contract (Year)	7 years
Lessor, Operating Lease, Renewal Term (Year)	5 years
Revenue from Contract with Customer, Excluding Assessed Tax, Total		$ 8,668,344	$ 9,148,865	$ 26,967,569	$ 26,895,382
CAM Lease Revenue Billed [Member]
Revenue from Contract with Customer, Excluding Assessed Tax, Total				$ 358,600	$ 305,100
Minimum [Member]
Operating Lease, Lease Income, Lease Payments	$ 193,000
Maximum [Member]
Operating Lease, Lease Income, Lease Payments	$ 410,000

Note 8 - Leases - Operating Lea

Note 8 - Leases - Operating Lease, Payments to be Received (Details)	Sep. 30, 2020USD ($)
Fixed-price Contract [Member]
Remainder of 2020	$ 48,225
2021	385,800
2022	385,800
2023	385,800
2024	409,913
Thereafter	409,912
Total	2,025,450
Valuation Technique, Straight-Line [Member]
Remainder of 2020	86,433
2021	345,732
2022	345,732
2023	345,732
2024	345,732
Thereafter	345,733
Total	$ 1,815,094