v3.26.1
Note 4 - Business Combination (Tables)
3 Months Ended
Mar. 31, 2026
Notes Tables  
Business Combination, Recognized Asset Acquired and Liability Assumed [Table Text Block]
  

Amount

 

Cash purchase price

 $2,702 

Seller note

  1,250 

Earn-out agreement

  250 

Aggregate purchase consideration

 $4,202 

Identifiable assets acquired and liabilities assumed:

    

Cash

  80 

Accounts receivable, net

  949 

Inventories

  950 

Prepaid expenses

  8 

Property and equipment, net

  596 

Other intangible assets

  1,470 

Right of use assets

  906 

Other long-term assets

  12 

Accounts payable

  (409)

Accrued expenses

  (159)

Current portion, lease liability

  (387)

Lease liability, net of current portion

  (572)

Total identifiable net assets

  3,444 

Goodwill

 $758 
  

Amount

 

Cash purchase price

 $3,606 

Seller notes

  2,556 

Earn-out agreements

  99 

Aggregate purchase consideration

 $6,261 
     

Identifiable assets acquired and liabilities assumed:

    

Accounts receivable, net

  1,330 

Inventories

  4,657 

Income tax receivable

  4 

Prepaid expenses

  9 

Property and equipment, net

  94 

Other intangible assets

  358 

Right of use assets

  2,187 

Accounts payable

  (589)

Accrued expenses

  (167)

Income tax payable

  (16)

Deferred tax liability

  (20)

Current portion, lease liability

  (560)

Lease liability, net of current portion

  (1,627)

Total identifiable net assets

  5,660 

Goodwill

 $601 
Business Combination, Pro Forma Information [Table Text Block]
  

Three Months Ended

 
  

March 31,

 
  

2026

  

2025

 

Revenue

 $12,636  $13,751 

Net income (loss)

  (1,915)  (1,503)

Earnings (loss) per common share:

  (0.21)  (0.29)