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Note 7 - Investment in Foreign Joint Venture - Schedule of Activity in Investment in Foreign Joint Ventures (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Balance at December 31, 2022     $ 11,606    
Equity in earnings $ 741 $ 760 1,134 $ 921  
Less: dividend distributions, undistributed earnings     (813) $ (1,550)  
Balance at June 30, 2023 11,339   11,339    
Original basis difference 1,165   1,165   $ 1,165
Less accumulated accretion (507)   (507)   (443)
Net remaining basis difference at end of period 658   658   $ 722
Bomay [Member]          
Balance, initial investment [1],[2] 9,333   9,333    
Balance, undistributed earnings     2,295    
Balance, foreign exchange translation     (22)    
Balance at December 31, 2022     11,606    
Equity in earnings, undistributed earnings     1,134    
Equity in earnings     1,134    
Less: dividend distributions, undistributed earnings     (813)    
Foreign currency translation gain (loss), foreign exchange translation     (588)    
Balance, undistributed earnings 2,616   2,616    
Balance, foreign exchange translation (610)   (610)    
Balance at June 30, 2023 $ 11,339   $ 11,339    
[1] Accumulated statutory reserves in equity method investments of $2.7 million at March 31, 2023 and December 31, 2022 is included in our investment in BOMAY. In accordance with the People’s Republic of China, (“PRC”) regulations on enterprises with foreign ownership, an enterprise established in the PRC with foreign ownership is required to provide for certain statutory reserves, namely (i) General Reserve Fund, (ii) Enterprise Expansion Fund and (iii) Staff Welfare and Bonus Fund, which are appropriated from net profit as reported in the enterprise’s PRC statutory accounts. A non-wholly-owned foreign invested enterprise is permitted to provide for the above allocation at the discretion of its board of directors. The aforementioned reserves can only be used for specific purposes and are not distributable as cash dividends.
[2] The Company’s initial investment in BOMAY differed from the Company’s 40% share of BOMAY’s equity as a result of applying fair value accounting pursuant to ASC 805. The basis difference is being accreted over an original period of nine years (the expected life of the joint venture). The Company's accretion during the three months ended March 31, 2023 and 2022 both totaled approximately $32 thousand each, respectively, and is included in income from equity investment in foreign joint venture in the accompanying Condensed Consolidated Statements of Operations.