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Note 22 - Related Party Transactions
 12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]

Note 22. Related Party Transactions

 

The Company uses an American Express account for Orbital Satcom and an American Express account for GTC, both in the name of the Company’s Chief Executive Officer, who personally guarantees the balance owed. As of December 31, 2025, the accounts payable due to related party includes amounts due to the Company’s Chief Executive Officer. Total related party payments due as of December 31, 2025 and  December 31, 2024 were $11,000 and $18,000, respectively. Those related party payables are non-interest bearing and due on demand.

 

During the year ended December 31, 2025, the Company employed and paid wages to one employee related to the Company’s Chief Executive Officer and one employee related to the Company’s Chief Financial Officer.

 

During the year ended December 31, 2025, the Company employed and paid wages to the spouse of the Company’s late Chief Executive Officer, Charles M. Fernandez, as Chief of Staff and Special Assistant to the Chairman of the Board. The Company terminated Mrs. Fernandez’s employment with the Company on August 13, 2025.