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ACCRUED EXPENSES AND LONG-TERM LIABILITIES
 12 Months Ended
Dec. 31, 2024
Payables and Accruals [Abstract]  
ACCRUED EXPENSES AND LONG-TERM LIABILITIES

 

9. ACCRUED EXPENSES AND LONG-TERM LIABILITIES  

 

The major components of accrued expenses and long-term liabilities are summarized as follows (in thousands):

 

          
   December 31,   December 31, 
   2024   2023 
         
Accrued Expenses:          
Accrued vacation  $271   $246 
Accrued salaries and bonus   1,498    1,086 
Vendor accruals   75    50 
Accrued warranty   6    27 
Customer prepayments   –    – 
Other accrued expense   612    1,328 
Total accrued expenses  $2,462   $2,737 
           
Other Long-Term Liabilities:          
Long-term deferred tax liability  $1,290   $1,698 
Acquired long-term liability   3,380    3,787 
Total long-term liabilities  $4,670   $5,485 

 

Acquired long-term liability of $3.4 million consists of a restructuring debt settlement from the acquisition of Amiga. Approximately $0.5 million is current and included in other accrued expenses and the rest is categorized in long-term liability. The debt restructuring was entered into in 2021 for a nine year term with six years remaining at December 31, 2024. Payments are due quarterly as a percentage of the remaining balance due. $31 thousand consists of non-current liabilities related to the acquisition of Telcom. Approximately $32 thousand is current and included in other accrued expenses and the rest is categorized in long-term liability.