NOTE 4 – BALANCE SHEET DETAILS - CURRENT ASSETS AND CURRENT LIABILITIES Inventories The following table shows the components of inventory (in thousands):
|
|
|
|
|
|
|
|
|
|
|
December 31, 2025 |
|
|
December 31, 2024 |
|
Raw materials |
|
$ |
14,281 |
|
|
$ |
12,777 |
|
Work in progress |
|
|
672 |
|
|
|
1,828 |
|
Finished goods |
|
|
3,196 |
|
|
|
2,897 |
|
Inventories |
|
|
18,149 |
|
|
|
17,502 |
|
Prepaid expenses and other current assets The following table shows the components of prepaid expenses and other current assets (in thousands):
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|
|
|
|
|
|
|
|
|
|
December 31, 2025 |
|
|
December 31, 2024 |
|
Prepaid expenses: |
|
|
|
|
|
|
Deposits on inventory |
|
$ |
1,020 |
|
|
$ |
551 |
|
Prepaid income tax |
|
|
— |
|
|
|
1,293 |
|
Prepaid insurance |
|
|
891 |
|
|
|
958 |
|
Prepaid rent |
|
|
445 |
|
|
|
449 |
|
Prepaid equipment |
|
|
— |
|
|
|
263 |
|
Prepaid other |
|
|
334 |
|
|
|
361 |
|
Other current assets: |
|
|
|
|
|
|
Income tax receivable |
|
|
1,176 |
|
|
|
— |
|
Total |
|
$ |
3,866 |
|
|
$ |
3,874 |
|
Accrued expenses and other current liabilities The following table shows the components of accrued expenses and other current liabilities (in thousands):
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|
|
|
|
|
|
|
|
|
|
December 31, 2025 |
|
|
December 31, 2024 |
|
Accrued expenses: |
|
|
|
|
|
|
Accrued compensation and related benefits |
|
$ |
5,662 |
|
|
$ |
4,497 |
|
Accrued insurance |
|
|
616 |
|
|
|
645 |
|
Accrued professional services |
|
|
210 |
|
|
|
253 |
|
Accrued inventory and property, plant, and equipment purchases |
|
|
1,014 |
|
|
|
— |
|
Accrued interest |
|
|
493 |
|
|
|
416 |
|
Accrued property taxes |
|
|
86 |
|
|
|
44 |
|
Accrued monitoring fee |
|
|
504 |
|
|
|
373 |
|
Other |
|
|
991 |
|
|
|
264 |
|
Other current liabilities: |
|
|
|
|
|
|
Income tax payable |
|
|
— |
|
|
|
459 |
|
Sales tax payable |
|
|
276 |
|
|
|
229 |
|
Unbilled lost-in-hole revenue |
|
|
137 |
|
|
|
9 |
|
Deferred income |
|
|
722 |
|
|
|
675 |
|
Total accrued expenses and other current liabilities |
|
$ |
10,711 |
|
|
$ |
7,864 |
|
|