Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Deposits

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Note 7 - Deposits
9 Months Ended
Sep. 30, 2019
Notes to Financial Statements  
Other Assets Disclosure [Text Block]
7.
Deposits
 
Deposits consisted of the following (in thousands):
 
   
September 30
, 2019
   
December 31, 201
8
 
Advances to vendors - current
  $
310
    $
 
                 
Advances to vendors – non current
  $
    $
271
 
 
We periodically advance funds to vendors engaged to support the performance of our clinical trials and related supporting activities. The funds advanced are held, interest free, for varying periods of time and
may
be recovered by DiaMedica through partial reductions of ongoing invoices, application against final study/project invoices or refunded upon completion of services to be provided. Deposits are classified as current or non-current based upon their expected recovery time.