v3.26.1
Note 4 - Discontinued Operations and Assets and Liabilities Held for Sale (Tables)
 3 Months Ended
Mar. 31, 2026
Notes Tables  
Disposal Groups, Including Discontinued Operations [Table Text Block]

Major classes of assets of discontinued operations classified as held for sale (USD in thousands)

  

March 31, 2026

    

December 31, 2025

  

Right-of-use assets

     924       673  

Other disposal-group assets

     621       496  
Valuation allowance / impairment recognized on classification as held for sale     (519 )     —  

Total assets of discontinued operations classified as held for sale

     1,026       1,169  

Major classes of liabilities of discontinued operations classified as held for sale (USD in thousands)

  

March 31, 2026

    

December 31, 2025

  

Lease liabilities 

     652       673  
Other disposal-group liabilities     377       310  

Total liabilities of discontinued operations classified as held for sale

     1,029       983  

Major line items included in income (loss) from discontinued operations (USD in thousands)

  

Three months ended March 31, 2026

    

Three months ended March 31, 2025

  

Revenue

     174       31  

Cost of revenue / cost of sales

     (128 )     (24 )

Gross profit

     46       7  

Selling and distribution expenses

     (113 )     (271 )

General and administrative expenses

     (242 )     (706 )

Research and development expenses

     (258 )     (529 )
Other operating income, net      77       1  

Loss from operations of discontinued operations

     (490 )     (1,498 )

Foreign currency loss, net

     (4 )     —  
Loss on classification as held for sale / impairment of disposal group     (519 )     —  

Loss from discontinued operations before income taxes

     (1,013 )     (1,498 )

Income tax expense

     —       —  

Loss from discontinued operations, net of tax

     (1,013 )     (1,498 )

Discontinued operations cash-flow information (USD in thousands)

  

Three months ended March 31, 2026

    

Three months ended March 31, 2025

  

Net cash provided by (used in) operating activities of discontinued operations

     170       (806 )

Effect of exchange-rate changes on cash of discontinued operations

     —       (21 )

Net increase (decrease) in cash of discontinued operations

     170       (827 )

Cash of discontinued operations, beginning of period

     53       1,357  

Cash of discontinued operations, end of period

     223       530  

Depreciation and amortization included in discontinued operations

     9       8  

Cash and held-for-sale presentation bridge (USD in thousands)

  

March 31, 2026

    

December 31, 2025

  

Cash and cash equivalents presented in continuing current assets

     237       243  

Cash of discontinued operations included in assets classified as held for sale

     223       53  

Total cash and cash equivalents including discontinued operations cash

     460       296