Annual report pursuant to Section 13 and 15(d)

Schedule II - Valuation and Qualifying Accounts (Tables)

v3.21.1
Schedule II - Valuation and Qualifying Accounts (Tables)
 12 Months Ended
Dec. 31, 2020
Notes to Financial Statements  
Schedule of Valuation and Qualifying Accounts

(b) Financial Statement Schedules:

 

Schedule II - Valuation and Qualifying Accounts

 

For the year ended   Balance at beginning of period     Charged to costs and expenses     Charged to other accounts     Deductions     Balance at end of period  
                               
December 31, 2019                                        
Valuation allowance on deferred tax assets   $ 3,892,000     $ 947,000     $          -     $            -     $ 4,839,000  
                                         
December 31, 2020                                        
Valuation allowance on deferred tax assets   $ 4,839,000     $ 784,000     $ -     $ -     $ 5,623,000