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Note 6 - Balance Sheet Information

12 Months Ended

Dec. 31, 2024

Supplemental Balance Sheet Disclosures [Text Block]

6.	Balance Sheet Information

The following tables provide details of selected balance sheet items as of the periods indicated:

*Inventories:*	December 31,
(in thousands)	2024		2023
Finished goods	$	5,222	$	5,120
Work in process		2,754		4,188
Raw materials		15,269		15,408
Total	$	23,245	$	24,716

*Property, Plant and Equipment:*	December 31,
(in thousands)	2024			2023
Machinery and equipment	$	8,139		$	8,154
Computer equipment and software		8,923			6,493
Leasehold improvements		2,565			2,417
Furniture and fixtures		1,243			1,244
Automobiles		56			58
		20,926			18,366
Less: accumulated depreciation		(15,820	)		(14,385	)
Property, plant and equipment, net	$	5,106		$	3,981

Depreciation expense was $1.7 million and $1.5 million for the years ended December 31, 2024 and 2023, respectively.

*Other Current Liabilities:*	December 31,
(in thousands)	2024		2023
Compensation	$	1,714	$	3,929
Customer credits		1,286		3,201
Current portion of operating lease liabilities		1,158		1,416
Employee retention tax credit funds - Note 18		3,154		-
Professional fees		545		499
Warranty costs		318		336
Other		1,234		1,240
Total	$	9,409	$	10,621

Long-lived Assets by Geographic Area:

Long-lived assets by geographic area, which include operating lease right-of-use assets, property, plant and equipment, and amortizable intangible assets, were as follows:

	December 31,
(in thousands)	2024		2023
United States	$	20,235	$	21,558
Germany		1,148		1,703
Rest of the world		792		1,322
Total long-lived assets	$	22,175	$	24,583