Note 10 - Related Party Transactions |
6 Months Ended |
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Jun. 30, 2026 | |
| Notes to Financial Statements | |
| Related Party Transactions Disclosure [Text Block] |
Note 10. Related Party Transactions
The Company uses an American Express account for Orbital Satcom Corp and an American Express account for GTC, both in the name of the Company’s Chief Executive Officer and President, who personally guarantees the balance owed. As of June 30, 2026, the amount payable due to related party includes amounts due to the Company’s Chief Executive Officer and President. Total related party payments due as of June 30, 2026 and December 31, 2025 were approximately $20.8 thousand and $11.0 thousand, respectively, and recorded within Other current liabilities on the Condensed Consolidated Balance Sheets. Those related party payables are non-interest bearing and due on demand.
During the six months ended June 30, 2026, the Company employed and paid wages to one employee related to the Company’s Chief Executive Officer and one employee related to the Company’s Chief Financial Officer.
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