| BALANCE SHEET DETAILS |
NOTE 4-BALANCE SHEET DETAILS The following tables provide details of selected balance sheet items:
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December 31, |
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December 31, |
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2025 |
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2024 |
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(in thousands) |
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Inventories: |
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Raw materials |
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$ |
564 |
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$ |
840 |
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Work in process |
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374 |
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589 |
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Finished goods |
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383 |
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506 |
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Total Inventories |
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$ |
1,321 |
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$ |
1,935 |
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December 31, |
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December 31, |
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2025 |
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2024 |
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(in thousands) |
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Prepaid and other current assets |
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Prepaid tax (1) |
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$ |
327 |
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$ |
355 |
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Advance to suppliers |
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16 |
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19 |
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Other receivables |
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967 |
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606 |
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Interest receivable |
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2,212 |
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2,793 |
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Prepaid and others |
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437 |
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|
681 |
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Total Prepaid and other current assets |
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$ |
3,959 |
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$ |
4,454 |
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(1)2025 balance includes $0.3 million prepaid value added tax. 2024 balance includes $0.3 million prepaid value added tax.
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December 31, |
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December 31, |
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2025 |
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2024 |
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(in thousands) |
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Property, plant and equipment, net: |
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Leasehold improvements |
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$ |
1,554 |
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$ |
1,504 |
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Automobiles |
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259 |
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239 |
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Computers and software |
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2,889 |
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2,756 |
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Equipment and furniture |
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17,067 |
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16,302 |
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Total |
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21,769 |
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20,801 |
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Less: accumulated depreciation |
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(21,060 |
) |
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(20,325 |
) |
Total Property, plant and equipment, net |
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$ |
709 |
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$ |
476 |
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During the years ended December 31, 2025, 2024 and 2023, the Company wrote-off fully depreciated property, plant and equipment of approximately $0.3 million with accumulated depreciation of $0.3 million, $0.1 million with accumulated depreciation of $0.1 million, and $2.7 million with accumulated depreciation of $2.7 million, respectively.
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December 31, |
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December 31, |
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2025 |
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2024 |
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(in thousands) |
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Other current liabilities: |
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Warranty costs |
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$ |
45 |
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$ |
67 |
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Accrued professional fees |
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702 |
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671 |
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Accrued other taxes |
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686 |
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579 |
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Provision for liquidation damages |
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191 |
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191 |
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Contract deposits |
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598 |
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579 |
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Others |
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638 |
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|
743 |
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Total other current liabilities |
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$ |
2,860 |
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$ |
2,830 |
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December 31, |
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December 31, |
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2025 |
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2024 |
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(in thousands) |
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Other long-term liabilities |
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Non-current income tax payable |
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$ |
1,063 |
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$ |
1,042 |
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Total other long-term liabilities |
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$ |
1,063 |
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$ |
1,042 |
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