Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Deposits

v3.22.2.2
Note 6 - Deposits
9 Months Ended
Sep. 30, 2022
Notes to Financial Statements  
Other Assets Disclosure [Text Block]

6.

Deposits

 

Deposits consisted of the following (in thousands):

 

   

September 30, 2022

   

December 31, 2021

 

Advances to vendors, current

  $ 9     $ 113  

 

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 full or 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 based upon their expected recovery time.