v3.26.1
INCOME TAXES (Tables)
 12 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
SCHEDULE OF INCOME TAX EXPENSE

The income tax expense consists of the following for the years ended December 31:

 

   2025   2024 
Current          
Federal  $43   $(287)
State   26    22 
Foreign   752    633 
Deferred          
Federal   (581)   127 
State   (117)   (119)
Foreign   140    (20)
Income tax expense  $263   $356 
SCHEDULE OF INCOME TAX STATUTORY RATE RECONCILIATION

The statutory rate reconciliation is as follows for the years ended December 31:

 

   2025   2024 
Statutory rate  $2   $(200)
State income tax   (97)   (101)
Effect of foreign operations   88   (63)

Maquiladora tax

   

128

    

187

 
Cross-border tax laws   147    492 
Research and development   (73)   13 
Nontaxble and nondeductable items   28    (21

)

US permanent differences   14    (46)
Other   26    95 
Income tax expense (benefit)  $263   $356 
SCHEDULE OF INCOME AND LOSS FROM OPERATIONS BEFORE INCOME TAX

Income and loss from operations before income taxes was derived from the following jurisdictions for the years ended December 31:

 

   2025   2024 
United States  $(3,210)  $(3,284)
Foreign   3,221    2,345 
Total  $11   $(939)
SCHEDULE OF DEFERRED TAX ASSETS (LIABILITIES)

Deferred tax assets (liabilities) consist of the following as of December 31:

 

   2025   2024 
Deferred tax assets          
Inventory  $585   $535 
Net operating losses   140    241 
Stock-based compensation   337    277 
Other accruals   45    94 
Lease accounting lease liability   1,484    1,624 
Capitalized research expenses   1,078    928 
Tax credit carryforwards   210    151 
Intangibles   351    422 
Other   1,145    542 
Total deferred tax assets   5,375    4,814 
           
Deferred tax liabilities          
Lease accounting lease asset   (1,399)   (1,562)
Withholding tax   (360)   (219)
Prepaid expenses   (171)   (186)
Property and equipment   (353)   (278)
Other   (58)   (213)
Total deferred tax liabilities   (2,341)   (2,458)
Net deferred tax assets  $3,034   $2,356 
SCHEDULE OF UNRECOGNIZED TAX BENEFIT LIABILITIES

 SCHEDULE OF UNRECOGNIZED TAX BENEFIT LIABILITIES

     
Balance as of January 1, 2024  $131 
Tax positions - additions   13 
Tax positions - reductions   (47)
Balance as of December 31, 2024   97 
Tax positions - additions   12 
Tax positions - reductions   1 
Balance as of December 31, 2025  $110