v3.26.1
Note 7 - Accrued Expenses and Long-term Liabilities
 6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]

7.

ACCRUED EXPENSES AND LONG-TERM LIABILITIES

 

The major components of accrued expenses and long-term liabilities are summarized as follows:

 

  

June 30,

  

December 31,

 
  

2026

  

2025

 
         

Accrued Expenses:

        

Accrued salaries and bonus

 $1,558  $1,239 

Accrued vacation

  275   309 

Vendor accruals

  40   57 

Accrued warranty

  6   6 

Other accrued expense

  1,592   1,274 

Total accrued expenses

 $3,471  $2,885 
         

Other Long-Term Liabilities:

        

Long-term deferred tax liability

 $1,169  $1,203 

Acquired long-term liability

  2,565   2,939 

Total other long-term liabilities

 $3,734  $4,142 

 

Acquired long-term liability of $2.6 million consists of a restructuring debt settlement from the acquisition of Amiga. Approximately $0.5 million is current and included in other accrued expenses and the remainder is categorized in long-term liability. The debt restructuring was entered into in 2021 for a nine-year term with four years and six months remaining at June 30, 2026. Payments are interest-free, unsecured and due quarterly as a percentage of the remaining balance due.