v3.26.1
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Ordinary shares [Member]
Additional paid-in capital [Member]
Accumulated other comprehensive income [Member]
Capital reserves [Member]
Accumulated deficit [Member]
Total
Balance at Dec. 31, 2022 $ 5,305 $ 22,862 $ 1,189 $ 1,537 $ (9,873) $ 21,020
Balance, shares at Dec. 31, 2022 5,849,678          
Share-based compensation $ 0 0 0 363 0 363
Dividend distribution 0 0 0 0 (1,321) (1,321)
Exercise of stock options $ 138 725 0 0 0 $ 863
Exercise of stock options, shares 171,015         171,015
Comprehensive income:            
Foreign currency translation adjustments $ 0 0 (406) 0 0 $ (406)
Net income 0 0 0 0 6,353 6,353
Balance at Dec. 31, 2023 $ 5,443 23,587 783 1,900 (4,841) 26,872
Balance, shares at Dec. 31, 2023 6,020,693          
Share-based compensation $ 0 0 0 607 0 607
Exercise of stock options $ 56 240 0 0 0 $ 296
Exercise of stock options, shares 68,347         68,347
Issue of Share capital $ 512 8,800 0 0 0 $ 9,312
Issue of Share capital, shares 625,000          
Comprehensive income:            
Foreign currency translation adjustments $ 0 0 (119) 0 0 (119)
Net income 0 0 0 0 4,224 4,224
Balance at Dec. 31, 2024 $ 6,011 32,627 664 2,507 (617) $ 41,192
Balance, shares at Dec. 31, 2024 6,714,040         6,714,040
Share-based compensation $ 0 0 0 512 0 $ 512
Dividend distribution         (1,276) (1,276)
Exercise of stock options $ 1 35 0 0 0 $ 36
Exercise of stock options, shares 5,787         5,787
Comprehensive income:            
Foreign currency translation adjustments $ 0 0 5,447 0 0 $ 5,447
Net income 0 0 0 0 826 826
Balance at Dec. 31, 2025 $ 6,012 $ 32,662 $ 6,111 $ 3,019 $ (1,067) $ 46,737
Balance, shares at Dec. 31, 2025 6,719,827         6,719,827