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Note 3 - Acquisition
9 Months Ended
Sep. 30, 2024
Notes to Financial Statements  
Business Combination Disclosure [Text Block]

NOTE 3:

ACQUISITION

 

In January 2024, the Company acquired 100% of the equity shares of a privately held, Greek-based company, to extend the research and development resources in the Ceva group. Under the terms of the purchase agreement, the Company agreed to pay an aggregate of approximately $750 paid at closing and approximately $2,100 subject to continued employment and certain performance milestones. The Company has accounted for this acquisition as an asset acquisition. As such, the total purchase consideration was allocated to the assets acquired.