XML 41 R26.htm IDEA: XBRL DOCUMENT v3.26.1
Note 16 - Subsequent Events
12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Subsequent Events [Text Block]

NOTE 16  SUBSEQUENT EVENTS

 

The Company evaluated subsequent events through the date the consolidated financial statements were issued.

 

Strategic Consolidation of Engineering Operations

 

The Company initiated a plan to wind down the Tel Aviv operations and consolidate all engineering functions into its U.S. facilities. The closure was announced to employees on February 23, 2026, and Tel Aviv operations ceased on February 24, 2026. The action is intended to improve operational efficiency and align the Company's cost structure with current revenue levels. In connection with this initiative, the Company expects to incur one-time costs consisting primarily of employee-related separation costs and other exit-related costs. The Company is continuing to evaluate the scope and financial impact of these actions; accordingly, a reasonable estimate of the total costs to be incurred cannot yet be determined.