v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities:    
Net loss $ (1,615,000) $ (1,984,000)
Adjustments to reconcile net loss to net cash (used in) operating activities:    
Depreciation and amortization 907,000 892,000
Stock-based compensation expense 43,000 34,000
Adjustment to reconcile operating lease expense to cash paid (7,000) 48,000
Deferred income taxes (424,000) (165,000)
Changes in operating assets and liabilities:    
Accounts receivable 131,000 538,000
Inventories 260,000 465,000
Prepaid expenses and other assets 143,000 5,000
Accounts payable 430,000 47,000
Accrued liabilities (93,000) (44,000)
Accrued income taxes 113,000 (203,000)
Net cash (used in) operating activities (112,000) (367,000)
Cash flows from investing activities:    
Purchases of property, plant and equipment (56,000) (177,000)
Acquisition of Conductive Transfers and Global Print Solutions   (314,000)
Net cash (used in) investing activities (56,000) (491,000)
Cash flows from financing activities:    
Payment of dividends on preferred stock (333,000) (400,000)
Proceeds from issuance of common stock (net of offering costs of $86) 242,000  
Net cash (used in) financing activities (91,000) (400,000)
Effect of exchange rate changes on cash 33,000 (96,000)
Net (decrease) in cash and cash equivalents (226,000) (1,354,000)
Cash and cash equivalents, beginning of period 2,950,000 4,304,000
Cash and cash equivalents, end of period 2,724,000 2,950,000
Supplemental disclosure of cash flow information:    
Income taxes paid 126,000 384,000
Interest paid 0 0
Supplemental non-cash investing and financing activities:    
Lease liabilities arising from obtaining right-of-use assets $ 31,000 $ 1,200,000