Firefly Neuroscience (AIFF) 10-K 31 Mar 21 2020 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2020	Mar. 26, 2021	Jun. 30, 2020
Document Information [Line Items]
Entity Registrant Name	INFORMATION ANALYSIS INC
Entity Central Index Key	0000803578
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding (in shares)		11,286,760
Entity Public Float			$ 1,484,044
Entity Shell Company	false
Document Type	10-K
Document Period End Date	Dec. 31, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Amendment Flag	false
Title of 12(g) Security	Common Stock, par value $0.01 per share

Balance Sheets

Balance Sheets - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Current assets
Cash and cash equivalents	$ 1,858,160	$ 1,039,442
Accounts receivable	1,442,231	668,712
Prepaid expenses and other current assets	142,770	500,163
Total current assets	3,443,161	2,208,317
Contract assets	210,688
Property and equipment, net of accumulated depreciation and amortization of $312,320 and $300,258	62,166	9,681
Right-of-use operating lease asset	51,405	149,762
Other assets	6,281	6,281
Total assets	3,773,701	2,374,041
Current liabilities
Accounts payable	103,646	216,227
Contract liabilities	946,884	464,223
Accrued payroll and related liabilities	375,168	219,350
Commissions payable	181,626	108,058
Note payable - current portion	93,009
Other accrued liabilities	57,399	54,257
Operating lease liability current portion	45,595	103,955
Total current liabilities	1,803,327	1,166,070
Note payable - non-current portion	356,991
Operating lease liability non-current portion		45,595
Total liabilities	2,160,318	1,211,665
Stockholders' equity
Common stock, $0.01 par value, 30,000,000 shares authorized, 12,904,376 and 12,854,376 shares issued, 11,261,760 and 11,211,760 shares outstanding as of December 31, 2020 and 2019	129,043	128,543
Additional paid-in capital	14,720,065	14,682,937
Accumulated deficit	(12,305,514)	(12,718,893)
Treasury stock, 1,642,616 shares at cost at December 31, 2020 and 2019	(930,211)	(930,211)
Total stockholders' equity	1,613,383	1,162,376
Total liabilities and stockholders' equity	$ 3,773,701	$ 2,374,041

Balance Sheets (Parentheticals)

Balance Sheets (Parentheticals) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Property and equipment, accumulated depreciation and amortization	$ 312,320	$ 300,258
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	30,000,000	30,000,000
Common stock, shares issued (in shares)	12,904,376	12,854,376
Common stock, shares outstanding (in shares)	11,261,760	11,211,760
Treasury stock, shares (in shares)	1,642,616	1,642,616

Statements of Operations and Co

Statements of Operations and Comprehensive Income (Loss) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Revenues
Total revenues	$ 13,903,071	$ 10,164,981
Cost of revenues
Total cost of revenues	11,693,738	8,765,002
Gross profit	2,209,333	1,399,979
Selling, general and administrative expenses	1,504,077	1,875,255
Commission expense	293,408	252,511
Income (loss) from operations	411,848	(727,787)
Other income	1,531	10,541
Income (loss) before provision for income taxes	413,379	(717,246)
Provision for income taxes
Net income (loss)	413,379	(717,246)
Comprehensive income (loss)	$ 413,379	$ (717,246)
Net income (loss) per commion share - basic (in dollars per share)	$ 0.04	$ (0.06)
Net income (loss) per commion share - diluted (in dollars per share)	$ 0.03	$ (0.06)
Weighted average common shares outstanding
Basic (in shares)	11,222,826	11,208,308
Diluted (in shares)	12,049,322	11,208,308
Professional Fees [Member]
Revenues
Total revenues	$ 5,527,139	$ 3,243,790
Cost of revenues
Total cost of revenues	3,566,229	1,981,231
Software Sales [Member]
Revenues
Total revenues	8,375,932	6,921,191
Cost of revenues
Total cost of revenues	$ 8,127,509	$ 6,783,771

Statements of Changes in Stockh

Statements of Changes in Stockholders' Equity - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Total
Balance (in shares) at Dec. 31, 2018	12,844,376
Balances at Dec. 31, 2018	$ 128,443	$ 14,676,006	$ (12,001,647)	$ (930,211)	$ 1,872,591
Net income (loss)			(717,246)		(717,246)
Stock option compensation		6,031			$ 6,031
Issuance of stock from exercise of options (in shares)	10,000				10,000
Issuance of stock from exercise of options	$ 100	900			$ 1,000
Balance (in shares) at Dec. 31, 2019	12,854,376
Balances at Dec. 31, 2019	$ 128,543	14,682,937	(12,718,893)	(930,211)	1,162,376
Net income (loss)			413,379		413,379
Stock option compensation		27,628			$ 27,628
Issuance of stock from exercise of options (in shares)	50,000				50,000
Issuance of stock from exercise of options	$ 500	9,500			$ 10,000
Balance (in shares) at Dec. 31, 2020	12,904,376
Balances at Dec. 31, 2020	$ 129,043	$ 14,720,065	$ (12,305,514)	$ (930,211)	$ 1,613,383

Statements of Cash Flows

Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Cash flows from operating activities
Net income (loss)	$ 413,379	$ (717,246)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Depreciation and amortization	12,062	5,834
Stock-based compensation	27,628	6,031
Bad debt expense		90
Changes in operating assets and liabilities
Accounts receivable	(773,519)	(15,963)
Contract assets	(210,688)
Prepaid expenses and other current assets	357,393	(115,383)
Accounts payable	(112,581)	190,933
Contract liabilties	482,661	145,671
Accrued payroll and related liabilities, and other accrued liabilities	153,362	(17,088)
Commissions payable	73,568	(400,025)
Net cash provided by (used in) operating activities	423,265	(917,146)
Cash flows from investing activities
Acquisition of property and equipment	(64,547)	(8,368)
Net cash used in investing activities	(64,547)	(8,368)
Cash flows from financing activities
Proceeds from note payable	450,000
Issuance of stock from exercise of options	10,000	1,000
Net cash provided by financing activities	460,000	1,000
Net increase (decrease) in cash and cash equivalents	818,718	(924,514)
Cash and cash equivalents, beginning of the year	1,039,442	1,963,956
Cash and cash equivalents, end of the year	$ 1,858,160	$ 1,039,442

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Basis of Presentation and Significant Accounting Policies [Text Block]	1. Summary of Significant Accounting Policies Operations Information Analysis Incorporated (“the Company”) was incorporated under the corporate laws of the Commonwealth of Virginia in 1979 Use of Estimates The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results can, and in many cases will, differ from those estimates. Revenue Recognition See Note 2 606 No. 2014 09, 606 2014 09” 2014 09 606” . Segment Reporting The Company has concluded that it operates in one Cash and Cash Equivalents The Company considers all highly liquid investments with maturities of ninety not Accounts Receivable Accounts receivable consist of trade accounts receivable and do not not 90 not No December 31, 2020 2019. Property and Equipment Property and equipment are stated at cost and are depreciated using the straight-line method over the estimated useful lives of the assets. Furniture and fixtures are depreciated over the lesser of the useful life or five three five three Stock-Based Compensation At December 31, 2020, 11 $27,628 $6,031 December 31, 2020 2019, Income Taxes Deferred tax assets and liabilities are computed based on the difference between the financial statement and tax basis of assets and liabilities and are measured by applying enacted tax rates and laws for the taxable years in which those differences are expected to reverse. In addition, a valuation allowance is required to be recognized if it is believed more likely than not not not, Income (Loss) Per Share The Company's income (loss) per share calculations are based upon the weighted average number of shares of common stock outstanding. The dilutive effect of stock options, warrants and other equity instruments are included for purposes of calculating diluted income per share, except for periods when the Company reports a net loss, in which case the inclusion of such equity instruments would be antidilutive. See Note 12 Concentration of Credit Risk During the year ended December 31, 2020, 58.3% 40.6% 1.1% five one 13.9% 17.9%, 10.3% 8.7% 28.7% During the year ended December 31, 2019, 76.8% 23.0% 0.2% five one 19.0% 17.2% The Company sold third one 2020 2019, 58.4% 67.1% At December 31, 2020, one 16.4% two 56.8% 14.4% one 71.2% At December 31, 2019, two 13.0% 10.7% one 43.2% Related Party Transactions The Company's Director of Human Resources is the spouse of Stan Reese, who served as the Senior Vice President and Chief Operating Officer of the Company through December 31, 2020, December 31, 2020 2019, $140,400 $131,552, COVID- 19 The COVID- 19 not may may may may may not 19 To date, the COVID- 19 not 19

Note 2 - Revenue from Contracts

Note 2 - Revenue from Contracts with Customers	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	2. Revenue from Contracts with Customers Revenue is recognized when all of the following steps have been taken and criteria met for each contract: • Identification of the contract, or contracts, with a customer - • Identification of the performance obligations in the contract - third not • Determination of the transaction price - • Allocation of the transaction price to the performance obligations in the contract - • Recognition of revenue when, or as, the Company satisfies performance obligations - Nature of Products and Services The Company generates revenue from the sales of information technology professional services, sales of third third third Professional services are offered through several arrangements – through time and materials arrangements, fixed-price-per-unit arrangements, fixed-price arrangements, or combinations of these arrangements within individual contracts. Revenue under time and materials arrangements is recognized over time in the period the hours are worked or the expenses are incurred, as control of the benefits of the work is deemed to have passed to the customer as the work is performed. Revenue under fixed-price-per-unit arrangements is recognized at a point in time when delivery of units have occurred and units are accepted by the customer or are reasonably expected to be accepted. Generally, revenue under fixed-price arrangements and mixed arrangements is recognized either over time or at a point in time based on the allocation of transaction pricing to each identified performance obligation as control of each is transferred to the customer. For fixed-price arrangements for which the Company is paid a fixed fee to make itself available to support a customer, with no Third-party software licenses are classified as enterprise server-based software licenses or desktop software licenses, and desktop licenses are further classified by the type of customer and whether the licenses are bulk licenses or individual licenses. The Company's obligations as the seller for each class differ based on its reseller agreements and whether its customers are government or non-government customers. Revenue from enterprise server-based sales to either government or non-government customers is usually recognized in full at a point in time based on when the customer gains use of the full benefit of the licenses, after the licenses are implemented. If the transaction prices of the performance obligations related to implementation and customer support for the individual contract is material, these obligations are recognized separately over time, as performed. Revenue for desktop software licenses for government customers is usually recognized on a gross basis at a point in time, based on when the customer's administrative contact gains training in and beneficial use of the administrative portal. If the transaction prices of the performance obligations related to implementing the government administrator's use of the administrative portal and administrator support for the individual contract are material (rare), these obligations are recognized separately over time, as performed. Revenue for bulk desktop software licenses for non-government customers is usually recognized on a gross basis at a point in time, based on when the customer's administrative contact gains training in and beneficial use of the administrative portal. For desktop software licenses sold on an individual license basis to non-government customers, where the Company has no third Third-party support and maintenance contracts for enterprise server-based software include a performance obligation under the Company's reseller agreements for it to be the first second not Incentive payments are received under reseller agreements with software manufacturers and suppliers where the Company introduces and courts a customer, but the sale occurs directly between the customer and the supplier or between the customer and the manufacturer. Since the transfer of control of the licenses cannot be measured from outside of these transactions, revenue is recognized when payment from the manufacturer or supplier is received. Disaggregation of Revenue from Contracts with Customers Contract Year ended 12/31/2020 Year ended 12/31/2019 Type Amount Percentage Amount Percentage Services Time & Materials $ 4,627,252 33.3 % $ 2,446,439 24.1 % Services Fixed Price 194,505 1.4 % 434,058 4.3 % Services Combination 476,629 3.4 % 231,122 2.3 % Services Fixed Price per Unit 228,754 1.6 % 132,171 1.3 % Third-Party Software 7,697,940 55.4 % 6,233,703 61.3 % Software Support & Maintenance 545,991 3.9 % 660,926 6.5 % Incentive Payments 132,000 1.0 % 26,562 0.2 % Total Revenue $ 13,903,071 $ 10,164,981 Contract Balances Accounts Receivable Trade accounts receivable are recorded at the billable amount where the Company has the unconditional right to bill, net of allowances for doubtful accounts. The allowance for doubtful accounts is based on the Company's assessment of the collectability of accounts. Management regularly reviews the adequacy of the allowance for doubtful accounts by considering the age of each outstanding invoice, each customer's expected ability to pay and collection history, when applicable, to determine whether a specific allowance is appropriate. Accounts receivable deemed uncollectible are charged against the allowance for doubtful accounts when identified. There were no December 31, 2020, December 31, 2019. not one Contract Assets Contract assets consist of assets resulting when revenue recognized exceeds the amount billed or billable to the customer due to allocation of transaction price, and of amounts withheld from payment of invoices as a financing component of a contract. Changes in contract assets balances in 2020 2019 Contract Assets Balance at December 31, 2019 $ - Contract assets added 210,688 Balance at December 31, 2020 $ 210,688 There was no December 31, 2018. Contract Liabilities Contract liabilities consist of amounts that have been invoiced and for which the Company has the right to bill, but that have not not 2020 2019 Contract Liabilities Balance at December 31, 2018 $ 318,552 Contract liabilities added 861,637 Revenue recognized (715,966 ) Balance at December 31, 2019 $ 464,223 Contract liabilities added 1,465,299 Revenue recognized (982,638 ) Balance at December 31, 2020 $ 946,884 Revenue recognized during 2020 December 31, 2019 $464,223, 2019 December 31, 2018, $318,552. Costs to Obtain or Fulfill a Contract When applicable, the Company recognizes an asset related to the costs incurred to obtain a contract only if it expects to recover those costs and it would not not no December 31, 2020, December 31, 2019. Financing Components In instances where the timing of revenue recognition differs from the timing of invoicing, the Company has determined that one 90% 10% June 2022. 4.5% Deferred Costs of Revenue Deferred costs of revenue consist of the costs of third not not 2020 2019 Deferred Costs of Revenue Balance at December 31, 2018 $ 294,115 Deferred costs added - maintenance 799,742 Deferred costs expensed (640,250 ) Balance at December 31, 2019 $ 453,607 Deferred costs added - maintenance 66,624 Deferred costs added - deliverables 41,161 Deferred costs expensed (472,324 ) Balance at December 31, 2020 $ 89,068

Note 3 - Leases

Note 3 - Leases	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	3. Leases The Company has an operating lease which is a real estate lease for its headquarters in Fairfax, Virginia. This lease has a fixed lease term of 49 December 31, 2020 2019. December 31, 2020 2019, not The Company's operating lease asset represents its right to use an underlying asset for the lease term and lease liabilities represent its obligation to make lease payments arising from the lease. Operating lease assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. Since the lease does not not The Company's lease agreement does not The Company does not third The following table provides supplemental balance sheet information related to the Company's operating lease: Balance Sheet As of As of Classification December 31, 2020 December 31, 2019 Assets: Right-to-use operating lease asset $ 51,405 $ 149,762 Liabilities: Operating lease liability - current $ 45,595 $ 103,955 Operating lease liability - non-current - 45,595 Total lease liabilities $ 45,595 $ 149,550 The following table reconciles the undiscounted cash flows to the operating lease liabilities recorded in the Company's balance sheet at December 31, 2020. December 31, 2020 Payments in 2021 $ 46,433 Total lease payments 46,433 Less: discount (838 ) Present value of lease liabilities $ 45,595 As of December 31, 2020, six 5.5%. December 31, 2020 2019, $104,487

Note 4 - Receivables

Note 4 - Receivables	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Accounts and Nontrade Receivable [Text Block]	4. Receivables Accounts receivable at December 31, 2020 2019, 2020 2019 Billed federal government $ 1,425,217 $ 668,712 Unbilled receivables 17,014 - Accounts receivable $ 1,442,231 $ 668,712 Billed receivables from the federal government include amounts due from both prime contracts and subcontracts where the federal government is the end customer. Unbilled receivables include short-term contract assets where billing cycles differ from calendar months or a monthly fixed billing amount does not December 31, 2018, $652,839.

Note 5 - Fair Value Measurement

Note 5 - Fair Value Measurements	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Fair Value Disclosures [Text Block]	5. Fair Value Measurements The Company defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value must maximize the use of observable inputs and minimize the use of unobservable inputs. The standard describes a fair value hierarchy based on three first two may • Level 1—Quoted • Level 2—Inputs 1 not • Level 3—Unobservable no The following table represents the fair value hierarchy for the Company's financial assets (cash equivalents) measured at fair value on a recurring basis as of December 31, 2020 2019: Level 1 Level 2 Level 3 December 31, 2020 Money market funds $ 1,343,370 $ - $ - Total $ 1,343,370 $ - $ - December 31, 2019 Money market funds $ 940,773 $ - $ - Total $ 940,773 $ - $ - Money market funds are highly liquid investments. The pricing information on these investment instruments are readily available and can be independently validated as of the measurement date. This approach results in the classification of these securities as Level 1 The carrying amount of financial instruments such as accounts receivable and accounts payable approximate the related fair value due to the short-term maturities of these instruments.

Note 6 - Property and Equipment

Note 6 - Property and Equipment	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	6. Property and Equipment A summary of property and equipment at December 31, 2020 2019, 2020 2019 Furniture and equipment $ 75,747 $ 75,747 Computer equipment and software 291,925 227,378 Leasehold improvements 6,814 6,814 Subtotal 374,486 309,939 Less: accumulated depreciation and amortization (312,320 ) (300,258 ) Total $ 62,166 $ 9,681 Depreciation and amortization expense for the years ended December 31, 2020 2019, $12,062 $5,834,

Note 7 - Revolving Line of Cred

Note 7 - Revolving Line of Credit	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Debt Disclosure [Text Block]	7. Revolving Line of Credit On December 20, 2005, $1 3.50% 4.0%. July 31, 2021. December 31, 2020, $1 December 31, 2020 4.0%. December 31, 2020, There was no December 31, 2020 2019.

Note 8 - Note Payable

Note 8 - Note Payable	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Long-term Debt [Text Block]	8. Note Payable Due to the coronavirus uncertainty, and pending staffing and payroll cuts due to liquidity constraints, the Company applied for a Paycheck Protection Program loan, guaranteed by the SBA. The Company was funded by its lender on April 20, 2020, $450,000. 1% two first not ten twenty-four may $150,000 December 31, 2020 2019: 2020 2019 Principal Interest Principal Interest PPP loan $ 450,000 1 % $ - Total 450,000 - Less current portion (93,009 ) - Long-term portion $ 356,991 $ -

Note 9 - Income Taxes

Note 9 - Income Taxes	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Income Tax Disclosure [Text Block]	9. Income Taxes The tax effects of significant temporary differences representing deferred tax assets at December 31, 2020 2019 2020 2019 Deferred tax assets (liabilities) Net operating loss carryforwards $ 691,000 $ 916,200 Accrued commissions 39,600 9,000 Accrued vacation 37,600 21,200 Property and equipment (24,500 ) (23,500 ) Other 2,400 3,700 Subtotal 746,100 926,600 Valuation allowance (746,100 ) (926,600 ) Total $ - $ - The provision for income taxes is at an effective rate different from the federal statutory rate due principally to the following: December 31, 2020 2019 Income (loss) before taxes $ 413,379 $ (717,246 ) Income tax expense (benefit) on above amount at federal statutory rate $ 86,800 $ (150,600 ) State income tax expense (benefit), net of federal benefit 20,700 (35,900 ) Permanent differences 7,400 2,900 Other (1,000 ) (1,300 ) NOL Expirations 66,600 1,302,000 Change in valuation allowance (180,500 ) (1,117,100 ) Provision for income taxes $ - $ - Income tax expense for the years ended December 31, 2020 2019 December 31, Current income taxes 2020 2019 Federal $ 128,200 $ - State 30,500 - Benefit from utilization of net operating losses (158,700 ) - Subtotal - - Deferred taxes - - Provision for income taxes $ - $ - The Company has recorded a valuation allowance to the full extent of its currently available net deferred tax assets which the Company determined to be not not $2.7 $1.3 2021 2036. The Company may may 382 not 382 The Company has analyzed its income tax positions using the criteria required by U.S. GAAP and concluded that as of December 31, 2020 2019, no no The income tax returns of the Company are subject to examination by income taxing authorities in all jurisdictions for which the Company files tax returns, generally for three not

Note 10 - Retirement Plans

Note 10 - Retirement Plans	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Retirement Benefits [Text Block]	10. Retirement Plans The Company has a Cash or Deferred Arrangement Agreement, which satisfies the requirements of Section 401 may 2020 2019, 25% first 6% may may not 2020 2019. December 31, 2020 2019 $40,741 $32,162,

Note 11 - Stock Options and War

Note 11 - Stock Options and Warrants	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	11. Stock Options and Warrants The Company has two 2006 2006 “2006 April 12, 2016. June 1, 2016, 2016 “2016 April 4, 2016. The Company recognizes compensation costs for those shares expected to vest on a straight-line basis over the requisite service period of the awards. Generally such options vest over periods of six two 2020 2019 2020 2019 Risk-free interest rate 0.26% - 0.39% 2.31 % Dividend yield 0% 0 % Expected term (in years) 5 5 Expected volatility 65.8% - 90.3% 57.9 % 2016 The 2016 June 1, 2016, April 4, 2026. 2016 may 2016 1,000,000. 2016 no ten December 31, 2020 2019, 606,000 371,000 2016 371,000 347,500 2006 The 2006 May 18, 2006, April 12, 2016. 2006 2006 1,950,000. 2006 no ten 789,000 978,000 2006 December 31, 2020 2019, The status of the options issued under the foregoing option plans as of December 31, 2020 2019, December 31, 2020 2019, Options outstanding Weighted average Weighted average Aggregate exercise price remaining intrinsic Incentive options Shares per share contractual term value Outstanding at December 31, 2018 1,376,500 $ 0.23 Options granted 3,000 0.21 Options exercised (10,000 ) 0.10 Options expired (15,500 ) 0.10 Options forfeited (5,000 ) 0.46 Outstanding at December 31, 2019 1,349,000 $ 0.23 3 years, 11 months $ - Options granted 235,000 0.64 Options exercised (50,000 ) 0.20 Options expired (99,000 ) 0.18 Options forfeited (40,000 ) 0.16 Outstanding at December 31, 2020 1,395,000 $ 0.31 4 years, 5 months $ 1,591,223 Exercisable at December 31, 2019 1,325,500 $ 0.23 3 years, 10 months $ - Exercisable at December 31, 2020 1,160,000 $ 0.24 3 years, 4 months $ 1,400,423 Nonvested stock option awards as of December 31, 2020 2019, December 31, 2020 2019, Nonvested Weighted average grant date Shares fair value Nonvested at December 31, 2018 148,500 $ 0.20 Granted 3,000 0.11 Vested (123,000 ) 0.20 Forfeited (5,000 ) 0.21 Nonvested at December 31, 2019 23,500 $ 0.17 Granted 235,000 0.36 Vested (23,500 ) 0.17 Forfeited - - Nonvested at December 31, 2020 235,000 $ 0.36 As of December 31, 2020, $58,553, 5

Note 12 - Income (Loss) Per Sha

Note 12 - Income (Loss) Per Share	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Earnings Per Share [Text Block]	12. Income (Loss) Per Share Basic income (loss) per share excludes dilution and is computed by dividing income available to common shareholders by the weighted-average number of shares outstanding for the period. Diluted income (loss) per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock, except for periods when the Company reports a net loss, because the inclusion of such items would be antidilutive. No December 31, 2020. 67,312 December 31, 2019. The following is a reconciliation of the amounts used in calculating basic and diluted net income (loss) per common share. Per share Net income (loss) Shares amount Basic net income per common share for the year ended December 31, 2020: Income available to common shareholders $ 413,379 11,222,826 $ 0.04 Effect of dilutive stock options - 826,496 (0.01 ) Diluted net income per common share for the year ended December 31, 2020: $ 413,379 12,049,322 $ 0.03 Basic net loss per common share for the year ended December 31, 2019: Loss available to common shareholders $ (717,246 ) 11,208,308 $ (0.06 ) Effect of dilutive stock options - - - Diluted net loss per common share for the year ended December 31, 2019: $ (717,246 ) 11,208,308 $ (0.06 )

Note 13 - Financial Statement C

Note 13 - Financial Statement Captions	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Supplemental Balance Sheet Disclosures [Text Block]	13. Financial Statement Captions The following table summarizes the Company's prepaid expenses and other current assets as of December 31, 2020 2019: 2020 2019 Deferred costs of software sales $ 47,907 $ 453,607 Deferred direct cost of pending deliverables 41,161 - Licenses and subscriptions 22,840 22,645 Prepaid insurance 26,072 20,791 Other 4,790 3,120 Total $ 142,770 $ 500,163 The following table summarizes the Company's other current liabilities as of December 31, 2020 2019: 2020 2019 Accrued costs of software sales $ 46,078 $ - Accrued accounting and auditing expense - 47,000 Other 8,196 7,257 Interest payable 3,125 - Total $ 57,399 $ 54,257

Note 14 - Subsequent Events

Note 14 - Subsequent Events	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Subsequent Events [Text Block]	14. Subsequent Events In order to raise additional funds for working capital and anticipated expansion efforts, on March 29, 2021, $495,999 330,666

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Organization and Business [Policy Text Block]	Operations Information Analysis Incorporated (“the Company”) was incorporated under the corporate laws of the Commonwealth of Virginia in 1979
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results can, and in many cases will, differ from those estimates.
Revenue from Contract with Customer [Policy Text Block]	Revenue Recognition See Note 2 606 No. 2014 09, 606 2014 09” 2014 09 606”
Segment Reporting, Policy [Policy Text Block]	Segment Reporting The Company has concluded that it operates in one
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents The Company considers all highly liquid investments with maturities of ninety not
Accounts Receivable [Policy Text Block]	Accounts Receivable Accounts receivable consist of trade accounts receivable and do not not 90 not No December 31, 2020 2019.
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment Property and equipment are stated at cost and are depreciated using the straight-line method over the estimated useful lives of the assets. Furniture and fixtures are depreciated over the lesser of the useful life or five three five three
Share-based Payment Arrangement [Policy Text Block]	Stock-Based Compensation At December 31, 2020, 11 $27,628 $6,031 December 31, 2020 2019,
Income Tax, Policy [Policy Text Block]	Income Taxes Deferred tax assets and liabilities are computed based on the difference between the financial statement and tax basis of assets and liabilities and are measured by applying enacted tax rates and laws for the taxable years in which those differences are expected to reverse. In addition, a valuation allowance is required to be recognized if it is believed more likely than not not not,
Earnings Per Share, Policy [Policy Text Block]	Income (Loss) Per Share The Company's income (loss) per share calculations are based upon the weighted average number of shares of common stock outstanding. The dilutive effect of stock options, warrants and other equity instruments are included for purposes of calculating diluted income per share, except for periods when the Company reports a net loss, in which case the inclusion of such equity instruments would be antidilutive. See Note 12
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentration of Credit Risk During the year ended December 31, 2020, 58.3% 40.6% 1.1% five one 13.9% 17.9%, 10.3% 8.7% 28.7% During the year ended December 31, 2019, 76.8% 23.0% 0.2% five one 19.0% 17.2% The Company sold third one 2020 2019, 58.4% 67.1% At December 31, 2020, one 16.4% two 56.8% 14.4% one 71.2% At December 31, 2019, two 13.0% 10.7% one 43.2%
Related Party Transactions, Policy [Policy Text Block]	Related Party Transactions The Company's Director of Human Resources is the spouse of Stan Reese, who served as the Senior Vice President and Chief Operating Officer of the Company through December 31, 2020, December 31, 2020 2019, $140,400 $131,552,
COVID-19 [Policy Text Block]	COVID- 19 The COVID- 19 not may may may may may not 19 To date, the COVID- 19 not 19

Note 2 - Revenue from Contrac_2

Note 2 - Revenue from Contracts with Customers (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Disaggregation of Revenue [Table Text Block]	Contract Year ended 12/31/2020 Year ended 12/31/2019 Type Amount Percentage Amount Percentage Services Time & Materials $ 4,627,252 33.3 % $ 2,446,439 24.1 % Services Fixed Price 194,505 1.4 % 434,058 4.3 % Services Combination 476,629 3.4 % 231,122 2.3 % Services Fixed Price per Unit 228,754 1.6 % 132,171 1.3 % Third-Party Software 7,697,940 55.4 % 6,233,703 61.3 % Software Support & Maintenance 545,991 3.9 % 660,926 6.5 % Incentive Payments 132,000 1.0 % 26,562 0.2 % Total Revenue $ 13,903,071 $ 10,164,981
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	Contract Assets Balance at December 31, 2019 $ - Contract assets added 210,688 Balance at December 31, 2020 $ 210,688 Contract Liabilities Balance at December 31, 2018 $ 318,552 Contract liabilities added 861,637 Revenue recognized (715,966 ) Balance at December 31, 2019 $ 464,223 Contract liabilities added 1,465,299 Revenue recognized (982,638 ) Balance at December 31, 2020 $ 946,884
Deferred Costs of Revenue [Table Text Block]	Deferred Costs of Revenue Balance at December 31, 2018 $ 294,115 Deferred costs added - maintenance 799,742 Deferred costs expensed (640,250 ) Balance at December 31, 2019 $ 453,607 Deferred costs added - maintenance 66,624 Deferred costs added - deliverables 41,161 Deferred costs expensed (472,324 ) Balance at December 31, 2020 $ 89,068

Note 3 - Leases (Tables)

Note 3 - Leases (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Operating Lease, Assets and Liabilities, Lessee [Table Text Block]	Balance Sheet As of As of Classification December 31, 2020 December 31, 2019 Assets: Right-to-use operating lease asset $ 51,405 $ 149,762 Liabilities: Operating lease liability - current $ 45,595 $ 103,955 Operating lease liability - non-current - 45,595 Total lease liabilities $ 45,595 $ 149,550
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	December 31, 2020 Payments in 2021 $ 46,433 Total lease payments 46,433 Less: discount (838 ) Present value of lease liabilities $ 45,595

Note 4 - Receivables (Tables)

Note 4 - Receivables (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	2020 2019 Billed federal government $ 1,425,217 $ 668,712 Unbilled receivables 17,014 - Accounts receivable $ 1,442,231 $ 668,712

Note 5 - Fair Value Measureme_2

Note 5 - Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Level 1 Level 2 Level 3 December 31, 2020 Money market funds $ 1,343,370 $ - $ - Total $ 1,343,370 $ - $ - December 31, 2019 Money market funds $ 940,773 $ - $ - Total $ 940,773 $ - $ -

Note 6 - Property and Equipme_2

Note 6 - Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Property, Plant and Equipment [Table Text Block]	2020 2019 Furniture and equipment $ 75,747 $ 75,747 Computer equipment and software 291,925 227,378 Leasehold improvements 6,814 6,814 Subtotal 374,486 309,939 Less: accumulated depreciation and amortization (312,320 ) (300,258 ) Total $ 62,166 $ 9,681

Note 8 - Note Payable (Tables)

Note 8 - Note Payable (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Schedule of Debt [Table Text Block]	2020 2019 Principal Interest Principal Interest PPP loan $ 450,000 1 % $ - Total 450,000 - Less current portion (93,009 ) - Long-term portion $ 356,991 $ -

Note 9 - Income Taxes (Tables)

Note 9 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	2020 2019 Deferred tax assets (liabilities) Net operating loss carryforwards $ 691,000 $ 916,200 Accrued commissions 39,600 9,000 Accrued vacation 37,600 21,200 Property and equipment (24,500 ) (23,500 ) Other 2,400 3,700 Subtotal 746,100 926,600 Valuation allowance (746,100 ) (926,600 ) Total $ - $ -
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	December 31, 2020 2019 Income (loss) before taxes $ 413,379 $ (717,246 ) Income tax expense (benefit) on above amount at federal statutory rate $ 86,800 $ (150,600 ) State income tax expense (benefit), net of federal benefit 20,700 (35,900 ) Permanent differences 7,400 2,900 Other (1,000 ) (1,300 ) NOL Expirations 66,600 1,302,000 Change in valuation allowance (180,500 ) (1,117,100 ) Provision for income taxes $ - $ -
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	December 31, Current income taxes 2020 2019 Federal $ 128,200 $ - State 30,500 - Benefit from utilization of net operating losses (158,700 ) - Subtotal - - Deferred taxes - - Provision for income taxes $ - $ -

Note 11 - Stock Options and W_2

Note 11 - Stock Options and Warrants (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	2020 2019 Risk-free interest rate 0.26% - 0.39% 2.31 % Dividend yield 0% 0 % Expected term (in years) 5 5 Expected volatility 65.8% - 90.3% 57.9 %
Share-based Payment Arrangement, Option, Activity [Table Text Block]	Options outstanding Weighted average Weighted average Aggregate exercise price remaining intrinsic Incentive options Shares per share contractual term value Outstanding at December 31, 2018 1,376,500 $ 0.23 Options granted 3,000 0.21 Options exercised (10,000 ) 0.10 Options expired (15,500 ) 0.10 Options forfeited (5,000 ) 0.46 Outstanding at December 31, 2019 1,349,000 $ 0.23 3 years, 11 months $ - Options granted 235,000 0.64 Options exercised (50,000 ) 0.20 Options expired (99,000 ) 0.18 Options forfeited (40,000 ) 0.16 Outstanding at December 31, 2020 1,395,000 $ 0.31 4 years, 5 months $ 1,591,223 Exercisable at December 31, 2019 1,325,500 $ 0.23 3 years, 10 months $ - Exercisable at December 31, 2020 1,160,000 $ 0.24 3 years, 4 months $ 1,400,423
Schedule of Nonvested Share Activity [Table Text Block]	Nonvested Weighted average grant date Shares fair value Nonvested at December 31, 2018 148,500 $ 0.20 Granted 3,000 0.11 Vested (123,000 ) 0.20 Forfeited (5,000 ) 0.21 Nonvested at December 31, 2019 23,500 $ 0.17 Granted 235,000 0.36 Vested (23,500 ) 0.17 Forfeited - - Nonvested at December 31, 2020 235,000 $ 0.36

Note 12 - Income (Loss) Per S_2

Note 12 - Income (Loss) Per Share (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Per share Net income (loss) Shares amount Basic net income per common share for the year ended December 31, 2020: Income available to common shareholders $ 413,379 11,222,826 $ 0.04 Effect of dilutive stock options - 826,496 (0.01 ) Diluted net income per common share for the year ended December 31, 2020: $ 413,379 12,049,322 $ 0.03 Basic net loss per common share for the year ended December 31, 2019: Loss available to common shareholders $ (717,246 ) 11,208,308 $ (0.06 ) Effect of dilutive stock options - - - Diluted net loss per common share for the year ended December 31, 2019: $ (717,246 ) 11,208,308 $ (0.06 )

Note 13 - Financial Statement_2

Note 13 - Financial Statement Captions (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Condensed Balance Sheet [Table Text Block]	2020 2019 Deferred costs of software sales $ 47,907 $ 453,607 Deferred direct cost of pending deliverables 41,161 - Licenses and subscriptions 22,840 22,645 Prepaid insurance 26,072 20,791 Other 4,790 3,120 Total $ 142,770 $ 500,163 2020 2019 Accrued costs of software sales $ 46,078 $ - Accrued accounting and auditing expense - 47,000 Other 8,196 7,257 Interest payable 3,125 - Total $ 57,399 $ 54,257

Note 1 - Summary of Significa_2

Note 1 - Summary of Significant Accounting Policies (Details Textual)	12 Months Ended
	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Number of Operating Segments	1
Accounts Receivable, Allowance for Credit Loss, Ending Balance	$ 0	$ 0
Share-based Payment Arrangement, Expense	27,628	6,031
Director of Human Resources [Member] | Wages and Paid Leave Distributions [Member]
Related Party Transaction, Amounts of Transaction	$ 140,400	$ 131,552
Product Concentration Risk [Member] | Revenue Benchmark [Member] | Prime Contracts with U.S. Government Agencies [Member]
Concentration Risk, Percentage	58.30%	76.80%
Number of Major Contracts	1	1
Product Concentration Risk [Member] | Revenue Benchmark [Member] | Subcontracts under Federal Procurements [Member]
Concentration Risk, Percentage	40.60%	23.00%
Product Concentration Risk [Member] | Revenue Benchmark [Member] | Commercial Contracts [Member]
Concentration Risk, Percentage	1.10%	0.20%
Product Concentration Risk [Member] | Revenue Benchmark [Member] | Prime Contracts with U.S. Government Agencies, Contract One [Member]
Concentration Risk, Percentage	13.90%	19.00%
Product Concentration Risk [Member] | Revenue Benchmark [Member] | Subcontracts under Federal Procurements, Contract One [Member]
Concentration Risk, Percentage	17.90%	17.20%
Product Concentration Risk [Member] | Revenue Benchmark [Member] | Subcontracts under Federal Procurements, Contract Two [Member]
Concentration Risk, Percentage	10.30%
Product Concentration Risk [Member] | Revenue Benchmark [Member] | Subcontracts under Federal Procurements, Contract Three [Member]
Concentration Risk, Percentage	8.70%
Product Concentration Risk [Member] | Revenue Benchmark [Member] | Multiple Subcontracts [Member]
Concentration Risk, Percentage	28.70%
Supplier Concentration Risk [Member] | Revenue Benchmark [Member]
Concentration Risk, Percentage	58.40%	67.10%
Number of Major Suppliers	1	1
Customer Concentration Risk [Member] | Accounts Receivable [Member] | U.S. Government Agencies [Member]
Concentration Risk, Percentage	16.40%
Number of Major Customers	1	2
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Subcontracts under Federal Procurements [Member]
Concentration Risk, Percentage	71.20%
Number of Major Customers	2
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Subcontracts under Federal Procurements, Contract One [Member]
Concentration Risk, Percentage	56.80%
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Subcontracts under Federal Procurements, Contract Two [Member]
Concentration Risk, Percentage	14.40%
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Prime Contracts with U.S. Government Agencies [Member]
Number of Major Customers	1
Customer Concentration Risk [Member] | Accounts Receivable [Member] | U.S. Government Agencies, One [Member]
Concentration Risk, Percentage		13.00%
Customer Concentration Risk [Member] | Accounts Receivable [Member] | U.S. Government Agencies, Two [Member]
Concentration Risk, Percentage		10.70%
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Subcontracts under Federal Procurements [Member]
Concentration Risk, Percentage		43.20%
Number of Major Contracts		1
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)	5 years
Off-the-Shelf Software [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)	3 years
Computer Equipment and Software [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)	5 years
Software Development [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)	3 years

Note 2 - Revenue from Contrac_3

Note 2 - Revenue from Contracts with Customers (Details Textual)	12 Months Ended
	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Accounts Receivable, Allowance for Credit Loss, Ending Balance	$ 0	$ 0
Contract with Customer, Liability, Total	$ 946,884	$ 464,223	$ 318,552
Number of Subcontracts with Significant Financing Component	1
Subcontract, Payments Receivable Under Regular Terms, Percent	90.00%
Subcontract, Payments Receivable Deferred Until Specific Deliverable is Met, Percent	10.00%
Subcontract, Payments Receivable, Interest Rate	4.50%

Note 2 - Revenue from Contrac_4

Note 2 - Revenue from Contracts with Customers - Disaggregation of Revenue from Contracts with Customers (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Revenue, Amount	$ 13,903,071	$ 10,164,981
Services Time and Materials [Member]
Revenue, Amount	$ 4,627,252	$ 2,446,439
Services Time and Materials [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, Percentage	33.30%	24.10%
Services Fixed Price [Member]
Revenue, Amount	$ 194,505	$ 434,058
Services Fixed Price [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, Percentage	1.40%	4.30%
Services Combination [Member]
Revenue, Amount	$ 476,629	$ 231,122
Services Combination [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, Percentage	3.40%	2.30%
Services Fixed Price per Unit [Member]
Revenue, Amount	$ 228,754	$ 132,171
Services Fixed Price per Unit [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, Percentage	1.60%	1.30%
Third-Party Software [Member]
Revenue, Amount	$ 7,697,940	$ 6,233,703
Third-Party Software [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, Percentage	55.40%	61.30%
Software Support and Maintenance [Member]
Revenue, Amount	$ 545,991	$ 660,926
Software Support and Maintenance [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, Percentage	3.90%	6.50%
Incentive Payments [Member]
Revenue, Amount	$ 132,000	$ 26,562
Incentive Payments [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, Percentage	1.00%	0.20%

Note 2 - Revenue from Contrac_5

Note 2 - Revenue from Contracts with Customers - Changes in Contract Assets and Liabilities (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Contract assets, balance
Contract assets added	210,688
Contract assets, balance	210,688
Contract liabilities, balance	464,223	318,552
Contract liabilities added	1,465,299	861,637
Revenue recognized	(982,638)	(715,966)
Contract liabilities, balance	$ 946,884	$ 464,223

Note 2 - Revenue from Contrac_6

Note 2 - Revenue from Contracts with Customers - Deferred Costs of Revenue Balances Included in Prepaid Expenses (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Balance, deferred costs of revenue	$ 453,607	$ 294,115
Deferred costs added - maintenance	66,624	799,742
Deferred costs expensed	(472,324)	(640,250)
Deferred costs added - deliverables	41,161
Balance, deferred costs of revenue	$ 89,068	$ 453,607

Note 3 - Leases (Details Textua

Note 3 - Leases (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Lessee, Operating Lease, Term of Contract (Month)	4 years 30 days
Operating Lease, Weighted Average Discount Rate, Percent	5.50%
Operating Lease, Expense	$ 104,487	$ 104,487

Note 3 - Leases - Operating Lea

Note 3 - Leases - Operating Lease Balance Sheet Information (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Right-of-use operating lease asset	$ 51,405	$ 149,762
Operating lease liability current portion	45,595	103,955
Operating lease liability non-current portion		45,595
Total lease liabilities	$ 45,595	$ 149,550

Note 3 - Leases - Operating L_2

Note 3 - Leases - Operating Lease Maturities (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Payments in 2021	$ 46,433
Total lease payments	46,433
Less: discount	(838)
Present value of lease liabilities	$ 45,595	$ 149,550

Note 4 - Receivables (Details T

Note 4 - Receivables (Details Textual) - USD ($)	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Accounts Receivable, after Allowance for Credit Loss, Total	$ 1,442,231	$ 668,712	$ 652,839

Note 4 - Receivables - Accounts

Note 4 - Receivables - Accounts Receivable (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Accounts Receivable, after Allowance for Credit Loss, Total	$ 1,442,231	$ 668,712	$ 652,839
Billed Revenues [Member] | Government Sector [Member]
Accounts Receivable, after Allowance for Credit Loss, Total	1,425,217	668,712
Unbilled Revenues [Member]
Accounts Receivable, after Allowance for Credit Loss, Total	$ 17,014

Note 5 - Fair Value Measureme_3

Note 5 - Fair Value Measurements - Financial Assets Measured at Fair Value on Recurring Basis (Details) - Fair Value, Recurring [Member] - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Fair Value, Inputs, Level 1 [Member]
Total	$ 1,343,370	$ 940,773
Fair Value, Inputs, Level 1 [Member] | Money Market Funds [Member]
Money market funds	1,343,370	940,773
Fair Value, Inputs, Level 2 [Member]
Total
Fair Value, Inputs, Level 2 [Member] | Money Market Funds [Member]
Money market funds
Fair Value, Inputs, Level 3 [Member]
Total
Fair Value, Inputs, Level 3 [Member] | Money Market Funds [Member]
Money market funds

Note 6 - Property and Equipme_3

Note 6 - Property and Equipment (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Depreciation, Depletion and Amortization, Nonproduction, Total	$ 12,062	$ 5,834

Note 6 - Property and Equipme_4

Note 6 - Property and Equipment - Summary of Property and Equipment (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Property and equipment gross	$ 374,486	$ 309,939
Less: accumulated depreciation and amortization	(312,320)	(300,258)
Property and equipment total	62,166	9,681
Furniture and Fixtures [Member]
Property and equipment gross	75,747	75,747
Computer Equipment and Software [Member]
Property and equipment gross	291,925	227,378
Leasehold Improvements [Member]
Property and equipment gross	$ 6,814	$ 6,814

Note 7 - Revolving Line of Cr_2

Note 7 - Revolving Line of Credit (Details Textual) - Revolving Credit Facility [Member] - TD Bank [Member] - USD ($) $ in Thousands	Dec. 20, 2005	Dec. 31, 2020	Dec. 31, 2019
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,000
Line of Credit Facility, Current Borrowing Capacity		$ 1,000
Line of Credit Facility, Interest Rate at Period End		4.00%
Long-term Line of Credit, Total		$ 0	$ 0
London Interbank Offered Rate (LIBOR) Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	3.50%
London Interbank Offered Rate (LIBOR) Swap Rate [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	4.00%

Note 8 - Note Payable (Details

Note 8 - Note Payable (Details Textual)	Apr. 20, 2020USD ($)
Paycheck Protection Program CARES Act [Member]
Proceeds from Issuance of Long-term Debt, Total	$ 450,000

Note 8 - Note Payable - Note Pa

Note 8 - Note Payable - Note Payable (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Loan	$ 450,000
Less current portion	(93,009)
Long-term portion	356,991
Paycheck Protection Program CARES Act [Member]
Loan	$ 450,000
Loan, interest	1.00%

Note 9 - Income Taxes (Details

Note 9 - Income Taxes (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Operating Loss Carryforwards, Total	$ 2,700
Operating Loss Carryforwards, Subject to Expiration	1,300
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued, Total	$ 0	$ 0

Note 9 - Income Taxes - Deferre

Note 9 - Income Taxes - Deferred Tax Assets (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Net operating loss carryforwards	$ 691,000	$ 916,200
Accrued commissions	39,600	9,000
Accrued vacation	37,600	21,200
Property and equipment	(24,500)	(23,500)
Other	2,400	3,700
Subtotal	746,100	926,600
Valuation allowance	(746,100)	(926,600)
Total

Note 9 - Income Taxes - Provisi

Note 9 - Income Taxes - Provision for Income Taxes (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Income (loss) before taxes	$ 413,379	$ (717,246)
Income tax expense (benefit) on above amount at federal statutory rate	86,800	(150,600)
State income tax expense (benefit), net of federal benefit	20,700	(35,900)
Permanent differences	7,400	2,900
Other	(1,000)	(1,300)
NOL Expirations	66,600	1,302,000
Change in valuation allowance	(180,500)	(1,117,100)
Provision for income taxes

Note 9 - Income Taxes - Income

Note 9 - Income Taxes - Income Tax Expense (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Federal	$ 128,200
State	30,500
Benefit from utilization of net operating losses	(158,700)
Subtotal
Deferred taxes
Provision for income taxes

Note 10 - Retirement Plans (Det

Note 10 - Retirement Plans (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Defined Contribution Plan, Employer Matching Contribution, Percent of Match	25.00%
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay	6.00%
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 0
Defined Contribution Plan, Cost	$ 40,741	$ 32,162

Note 11 - Stock Options and W_3

Note 11 - Stock Options and Warrants (Details Textual) - USD ($)	Jun. 01, 2016	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	May 18, 2006
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance (in shares)		1,395,000	1,349,000	1,376,500
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total		$ 58,553
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Month)		150 days
The 2016 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)	1,000,000
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year)	10 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance (in shares)		606,000	371,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number (in shares)		371,000	347,500
The 2006 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)					1,950,000
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year)		10 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number (in shares)		789,000	978,000
Minimum [Member] | Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Month)		180 days
Maximum [Member] | Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Month)		2 years

Note 11 - Stock Options and W_4

Note 11 - Stock Options and Warrants - Assumptions (Details)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Risk-free interest rate		2.31%
Dividend yield	0.00%	0.00%
Expected term (Year)	5 years	5 years
Expected volatility		57.90%
Minimum [Member]
Risk-free interest rate	0.26%
Expected volatility	65.80%
Maximum [Member]
Risk-free interest rate	0.39%
Expected volatility	90.30%

Note 11 - Stock Options and W_5

Note 11 - Stock Options and Warrants - Stock Option Activity (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Outstanding, shares (in shares)	1,349,000	1,376,500
Outstanding, weighted average exercise price (in dollars per share)	$ 0.23	$ 0.23
Options granted, shares (in shares)	235,000	3,000
Options granted, weighted average exercise price (in dollars per share)	$ 0.64	$ 0.21
Options exercised, shares (in shares)	(50,000)	(10,000)
Options exercised, weighted average exercise price (in dollars per share)	$ 0.20	$ 0.10
Options expired (in shares)	(99,000)	(15,500)
Options expired, weighted average exercise price (in dollars per share)	$ 0.18	$ 0.10
Options forfeited, shares (in shares)	(40,000)	(5,000)
Options forfeited, weighted average exercise price (in dollars per share)	$ 0.16	$ 0.46
Outstanding, weighted average remaining contractual term (Year)	4 years 153 days	3 years 335 days
Outstanding, aggregate intrinsic value	$ 1,591,223
Outstanding, shares (in shares)	1,395,000	1,349,000
Outstanding, weighted average exercise price (in dollars per share)	$ 0.31	$ 0.23
Exercisable, shares (in shares)	1,160,000	1,325,500
Exercisable, weighted average exercise price (in dollars per share)	$ 0.24	$ 0.23
Exercisable, weighted average remaining contractual term (Year)	3 years 120 days	3 years 302 days
Exercisable, aggregate intrinsic value	$ 1,400,423

Note 11 - Stock Options and W_6

Note 11 - Stock Options and Warrants - Nonvested Option Awards Activity (Details) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Nonvested, Shares, Balance (in shares)	23,500	148,500
Nonvested, weighted average grant date fair value (in dollars per share)	$ 0.17	$ 0.20
Options granted, shares (in shares)	235,000	3,000
Granted, weighted average grant date fair value (in dollars per share)	$ 0.36	$ 0.11
Vested, shares (in shares)	(23,500)	(123,000)
Vested, weighted average grant date fair value (in dollars per share)	$ 0.17	$ 0.20
Forfeited, shares (in shares)		(5,000)
Forfeited, weighted average grant date fair value (in dollars per share)		$ 0.21
Nonvested, shares (in shares)	235,000	23,500
Nonvested, weighted average grant date fair value (in dollars per share)	$ 0.36	$ 0.17

Note 12 - Income (Loss) Per S_3

Note 12 - Income (Loss) Per Share (Details Textual) - shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Share-based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	0	67,312

Note 12 - Income (Loss) Per S_4

Note 12 - Income (Loss) Per Share - Reconciliation of the Amounts Used in Calculating Basic and Diluted Net Loss per Common Share (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Income (loss) available to common shareholders	$ 413,379	$ (717,246)
Income (loss) available to common shareholders, shares (in shares)	11,222,826	11,208,308
Income (loss) available to common shareholders, per share amount (in dollars per share)	$ 0.04	$ (0.06)
Effect of dilutive stock options, shares (in shares)	826,496
Diluted net loss per common share	$ 413,379	$ (717,246)
Diluted net loss per common share, shares (in shares)	12,049,322	11,208,308
Diluted net loss per common share, per share amount (in dollars per share)	$ 0.03	$ (0.06)

Note 13 - Financial Statement_3

Note 13 - Financial Statement Captions - Prepaid Expenses and Other Liabilities (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Deferred costs of software sales	$ 47,907	$ 453,607
Deferred direct cost of pending deliverables	41,161
Licenses and subscriptions	22,840	22,645
Prepaid insurance	26,072	20,791
Other	4,790	3,120
Total	142,770	500,163
Accrued costs of software sales	46,078
Accrued accounting and auditing expense		47,000
Other	8,196	7,257
Interest payable	3,125
Other accrued liabilities	$ 57,399	$ 54,257

Note 14 - Subsequent Events (De

Note 14 - Subsequent Events (Details Textual) - Subsequent Event [Member]	Mar. 29, 2021USD ($)shares
Proceeds from Issuance of Private Placement | $	$ 495,999
Private Placement [Member]
Stock Issued During Period, Shares, New Issues (in shares) | shares	330,666