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ACCRUED EXPENSES AND LONG-TERM LIABILITIES
 6 Months Ended
Jun. 30, 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):

          
   June 30,   December 31, 
   2025   2024 
         
Accrued Expenses:          
Accrued vacation  $328   $271 
Accrued salaries and bonus   1,786    1,498 
Vendor accruals   268    75 
Accrued warranty   6    6 
Other accrued expense   522    612 
Total accrued expenses  $2,910   $2,462 
           
Other Long-Term Liabilities:          
Long-term deferred tax liability  $1,815   $1,290 
Acquired long-term liability   3,480    3,380 
Total long-term liabilities  $5,295   $4,670 

 

Acquired long-term liability of $3.5 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 remainder is categorized in long-term liability. The debt restructuring was entered into in 2021 for a nine-year term with five years and six months remaining at June 30, 2025. Payments are interest free, not secured, and due quarterly as a percentage of the remaining balance due. $14 thousand consists of non-current liabilities related to the acquisition of Telcom. Approximately $30 thousand is current and included in other accrued expenses and the remainder is categorized in long-term liability.