Annual report pursuant to Section 13 and 15(d)

Note 6 - Deposits

v3.20.4
Note 6 - Deposits
12 Months Ended
Dec. 31, 2020
Notes to Financial Statements  
Other Assets Disclosure [Text Block]
6.
Deposits
 
Deposits consisted of the following (in thousands):
 
   
December 31, 2020
   
December 31, 2019
 
Advances to vendors, current
  $
10
    $
88
 
 
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.