v3.26.1
Note 9 - Accrued Expenses and Long-term Liabilities
 12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]

9.

ACCRUED EXPENSES AND LONG-TERM LIABILITIES

 

The major components of accrued expenses and long-term liabilities are summarized as follows:

 

  

December 31,

  

December 31,

 
  

2025

  

2024

 
         

Accrued Expenses:

        

Accrued salaries and bonus

 $1,239   1,498 

Accrued vacation

  309  $271 

Vendor accruals

  57   75 

Accrued warranty

  6   6 

Other accrued expense

  1,274   612 

Total accrued expenses

 $2,885  $2,462 
         

Other Long-Term Liabilities:

        

Long-term deferred tax liability

 $1,203  $1,290 

Acquired long-term liability

  2,939   3,380 

Total long-term liabilities

 $4,142  $4,670 

 

Acquired long-term liability of $2.9 million consists of a restructuring debt settlement from the acquisition of Amiga. Approximately $0.5 million is current and included in other accrued expenses and the rest is categorized in long-term liability. The debt restructuring was entered into in 2021 for a nine-year term with five years remaining at December 31, 2025. Payments are due quarterly as a percentage of the remaining balance due.