Note 14 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2025

	December 31, 2025
	$			%
Tax benefit at the U.S. statutory rate	$	(5,756	)		21.00	%
State and local income tax (net of FBOS)		457			(1.67)	%
Change in Valuation Allowance		3,598			(13.13)	%
Nontaxable or nondeductible items		(5	)		0.02	%
Foreign tax effects:
Serbia:
Goodwill impairment		995			(3.63)	%
Rate differential		446			(1.63)	%
Prior year deferred true-up		(223	)		0.82	%
Other		(73	)		0.27	%
Other:
Prior Year True-Up		155			(0.57)	%
Total	$	(406	)		1.48	%

	Year Ended December 31,
	2024
Computed “expected” tax expense (benefit)	$	(2,389	)
State taxes, net of federal benefit		(761	)
Change in FV of Contingent Consideration		(982	)
Non-deductible stock options		336
Non-deductible items		11
Foreign tax rate differential		69
True-up to tax return		210
Change in deferred tax asset valuation allowance		3,412
Total	$	(94	)

	*Year Ended December 31,*
	*2025*			*2024*
Deferred tax assets:
Stock options	$	1,531		$	1,081
Deferred Revenue		223			151
Capitalized R&D		600			828
Patents/Intangible Assets		2,589			1,424
Lease Liability		300			456
Other		444			310
Net operating loss carryforward		26,446			22,167
Total gross deferred tax assets		32,133			26,417
Less: Deferred tax asset valuation allowance		(31,810	)		(25,913	)
Total net deferred tax assets		323			504

Deferred tax liabilities:
ROU Asset		(290	)		(442	)
Depreciation		(1,236	)		(1,352	)
Total deferred tax liabilities		(1,526	)		(1,794	)

Total net deferred taxes	$	(1,203	)	$	(1,290	)

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