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Note 4 - Derivative Instruments and Hedging Activities (Tables)

6 Months Ended

Jun. 30, 2025

Notes Tables

Schedule of Derivative Instruments [Table Text Block]

Maturity date (Dollar amounts in thousands of U.S. dollars)		Notional amount of U.S. dollars				Weighted average exchange rate of U.S. dollars				Fair value Asset (Liability)
July - September 2025			15,468				1.3609				52
October - December 2025			12,958				1.3609				97
January - March 2026			14,248				1.3609				154
April - June 2026			12,933				1.3609				175
		$	55,607				1.3609			$	478

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

Derivatives (Dollar amounts in thousands of U.S. dollars)		Balance Sheet Location		As of June 30, 2025 Fair Value Asset (Liability)				As of December 31, 2024 Fair Value Asset (Liability)
Foreign Currency forward contracts designated as cash flow hedges (net)		Derivative instruments		$	478			$	(1,270	)
Total foreign currency forward contracts (net)		Derivative instruments		$	478			$	(1,270	)

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

		Gains and losses on cash flow hedges				Tax impact				Total AOCI
Opening AOCI Balance - March 31, 2025		$	(479	)		$	115			$	(364	)
Other comprehensive income (loss) before reclassifications			837				(202	)			635
Amount reclassified from AOCI			120				(29	)			91
Other comprehensive income (loss) for the three months ended June 30, 2025			957				(231	)			726
Ending AOCI Balance - June 30, 2025		$	478			$	(116	)		$	362

		Gains and losses on cash flow hedges				Tax impact				Total AOCI
Opening AOCI balance - December 31, 2024		$	(1,275	)		$	311			$	(964	)
Other comprehensive income (loss) before reclassifications			897				(220	)			677
Amount reclassified from AOCI			856				(207	)			649
Other comprehensive income (loss) for the six months ended June 30, 2025			1,753				(427	)			1,326
Ending AOCI Balance - June 30, 2025		$	478			$	(116	)		$	362

Derivative Instruments, Gain (Loss) [Table Text Block]

Derivatives in Cash Flow Hedging Relationship		Amount of Gain or (Loss) Recognized in OCI, net of tax, on Derivative			Location of Gain or (Loss) Reclassified from AOCI into Income		Amount of Gain or (Loss) Reclassified from AOCI into Income
					Operating expenses		$	(94	)
Foreign currency forward contracts for the three months ended June 30, 2025		$	635		Cost of revenues		$	(26	)
					Operating expenses		$	-
Foreign currency forward contracts for the three months ended June 30, 2024		$	(304	)	Cost of revenues		$	-

Derivatives in Cash Flow Hedging Relationship		Amount of Gain or (Loss) Recognized in OCI, net of tax, on Derivative			Location of Gain or (Loss) Reclassified from AOCI into Income		Amount of Gain or (Loss) Reclassified from AOCI into Income
					Operating expenses		$	(686	)
Foreign currency forward contracts for the six months ended June 30, 2025		$	677		Cost of revenues		$	(170	)
					Operating expenses		$	184
Foreign currency forward contracts for the six months ended June 30, 2024		$	(1,430	)	Cost of revenues		$	39

X

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Tabular disclosure of the components of accumulated other comprehensive income (loss).

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