v3.25.4
Note 18 - Corporate Reorganization
12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Restructuring and Related Activities Disclosure [Text Block]

(18) Corporate Reorganization

 

On  February 26, 2025, the Company announced a reduction of its global workforce to streamline the Company’s team structure to better align with its long-term growth initiatives and profitability objectives. All associated costs with the corporate reorganization are recorded as “operating expenses” in the Consolidated Statements of Operations. During the twelve months ended  December 31, 2025, the Company incurred cash severance costs totaling $3,230, reported as “cash compensation” in Note 4 Segment Information, including $1,622 related to research, development and engineering, $980 related to sales and marketing, and $628 related to general and administration. 

 

The following table provides the details of costs and liabilities associated with the corporate reorganization announced on  February 26, 2025:

 

Balance at December 31, 2024

 $ 

Costs incurred

  3,230 

Cash paid

  (3,230)

Balance at December 31, 2025

 $