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ACCRUED EXPENSES AND LONG-TERM LIABILITIES
 3 Months Ended
Mar. 31, 2025
Payables and Accruals [Abstract]  
ACCRUED EXPENSES AND LONG-TERM LIABILITIES

 

8. ACCRUED EXPENSES AND LONG-TERM LIABILITIES

 

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

          
   March 31,   December 31, 
   2025   2024 
         
Accrued Expenses:          
Accrued vacation  $292   $271 
Accrued salaries and bonus   1,442    1,498 
Vendor accruals   254    75 
Accrued warranty   6    6 
Other accrued expense   399    612 
Total accrued expenses  $2,393   $2,462 
           
Other Long-Term Liabilities:          
Long-term deferred tax liability  $1,609   $1,290 
Acquired long-term liability   3,432    3,380 
Total long-term liabilities  $5,041   $4,670 

 

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 five years and 9 months remaining at March 31, 2025. Payments are interest free, not secured, and due quarterly as a percentage of the remaining balance due. $23 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.