v3.25.4
Note 6 - Investment in Foreign Joint Venture (Tables)
12 Months Ended
Dec. 31, 2025
Notes Tables  
Equity Method Investments [Table Text Block]
  

Year Ended December 31,

 
  

2025

  

2024

 

Revenues

 $107,340  $117,459 

Gross profit

  13,646   14,458 

Earnings

  3,309   4,101 
  

December 31,

 
  

2025

  

2024

 

Assets:

        

Total current assets

 $98,619  $124,253 

Total non-current assets

  4,154   9,496 

Total assets

 $102,773  $133,749 

Liabilities and equity:

        

Total liabilities

 $70,145  $101,562 

Total joint ventures’ equity

  32,628   32,187 

Total liabilities and equity

 $102,773  $133,749 
Schedule of Activity in Investment in Foreign Joint Ventures [Table Text Block]
  

Initial Investment at Merger (1), (2)

  

Undistributed Earnings

  

Cumulative Foreign Exchange Translation Adj

  

Investment in BOMAY

 

Balance at December 31, 2023

 $9,333  $2,967  $(291) $12,009 

Equity in earnings

     1,770      1,770 

Less: dividend distributions

     (1,716)     (1,716)

Foreign currency translation loss

        (404)  (404)

Balance at December 31, 2024

  9,333   3,021   (695)  11,659 

Equity in earnings

     1,453      1,453 

Less: dividend distributions

     (1,637)     (1,637)

Foreign currency translation gain

        471   471 

Balance at December 31, 2025

 $9,333  $2,837  $(224) $11,946 
  

December 31,

 
  

2025

  

2024

 

Original basis difference

 $1,165  $1,165 

Less accumulated accretion

  (831)  (702)

Net remaining basis difference, net at end of period

 $334  $463