Annual report pursuant to Section 13 and 15(d)

Note 6 - Deposits

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Note 6 - Deposits
12 Months Ended
Dec. 31, 2021
Notes to Financial Statements  
Other Assets Disclosure [Text Block]

6.         Deposits

 

Deposits consisted of the following (in thousands):

 

   

December 31, 2021

   

December 31, 2020

 

Advances to vendors, current

  $ 113     $ 10  

 

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.