v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities:    
Net (loss) income $ (38) $ 2,620
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Share-based compensation 375 254
Depreciation and amortization 590 571
(Gain) loss on sale of property, plant and equipment (12) 38
Credit loss expense 569 0
Non-cash lease expense 51 67
Changes in operating assets and liabilities:    
Accounts receivable (2,276) 1,461
Contract assets 223 (2,601)
Inventories 50 26
Prepaid expenses and other current assets (193) 148
Other assets 169 (103)
Accounts payable and accrued expenses (175) (34)
Contract liabilities (168) (721)
Other liabilities (66) 0
Net cash (used in) provided by operating activities (901) 1,726
Cash flows from investing activities:    
Proceeds from sale of property, plant and equipment 12 2
Purchases of property, plant and equipment (1,282) (375)
Capitalized software development costs (263) 0
Net cash used in investing activities (1,533) (373)
Cash flows from financing activities:    
Proceeds from factoring arrangement 1,244 995
Principal payments on factoring arrangement (703) (995)
Proceeds from stock options exercised 37 112
Principal payments under finance lease obligations (16) (73)
Net cash provided by financing activities 562 39
Effect of exchange rate changes on cash and cash equivalents (15) 0
Change in cash (1,887) 1,392
Cash, beginning of year 3,422 2,030
Cash, end of year 1,535 3,422
Supplemental disclosure of non-cash activities:    
Property, plant and equipment acquired via debt 137 0
Operating lease – right-of-use assets obtained in exchange for lease liabilities 1,109 0
Finance lease – right-of-use assets obtained in exchange for lease liabilities $ 41 $ 0