Note 11 - Related Party Transactions |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Notes to Financial Statements | |
| Related Party Transactions Disclosure [Text Block] |
NOTE 11. RELATED PARTY TRANSACTIONS
Certain relatives of Nikolay Shilev, Apyx Bulgaria’s Managing Director, are considered related parties. Teodora Shileva, Mr. Shilev’s spouse, is an employee of the Company working in the accounting department. Svetoslav Shilev, Mr. Shilev’s son, is a quality manager in the quality assurance department.
The partner in the Company’s China JV is also a supplier to the Company. During the three months ended June 30, 2026 and 2025, the Company made purchases from this supplier of approximately $629,000 and $341,000, respectively. During the six months ended June 30, 2026 and 2025, the Company made purchases from this supplier of approximately $1,242,000 and $370,000, respectively. At June 30, 2026 and December 31, 2025, respectively, the Company had net payables to this supplier of approximately $329,000 and $372,000, respectively.
|