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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Ordinary shares [Member]
Additional paid-in capital [Member]
Accumulated other comprehensive income [Member]
Capital reserves [Member]
Accumulated deficit [Member]
Total
Balance at Dec. 31, 2021 $ 5,296 $ 22,846 $ 3,716 $ 1,287 $ (12,073) $ 21,072
Balance, shares at Dec. 31, 2021 5,840,357          
Share-based compensation $ 0 0 0 250 0 250
Dividend distribution 0 0 0 0 (994) (994)
Exercise of stock options $ 9 16 0 0 0 $ 25
Exercise of stock options, shares 9,321         9,321
Comprehensive income:            
Foreign currency translation adjustments $ 0 0 (2,527) 0 0 $ (2,527)
Net income 0 0 0 0 3,194 3,194
Balance at Dec. 31, 2022 $ 5,305 22,862 1,189 1,537 (9,873) 21,020
Balance, shares at Dec. 31, 2022 5,849,678          
Share-based compensation $ 0 0 0 363 0 363
Dividend distribution 0 0 0 0 (1,321) (1,321)
Exercise of stock options $ 138 725 0 0 0 $ 863
Exercise of stock options, shares 171,015         171,015
Comprehensive income:            
Foreign currency translation adjustments $ 0 0 (406) 0 0 $ (406)
Net income 0 0 0 0 6,353 6,353
Balance at Dec. 31, 2023 $ 5,443 23,587 783 1,900 (4,841) 26,872
Balance, shares at Dec. 31, 2023 6,020,693          
Share-based compensation $ 0 0 0 607 0 607
Exercise of stock options $ 56 240 0 0 0 $ 296
Exercise of stock options, shares 68,347         68,347
Issue of Share capital $ 512 8,800       $ 9,312
Issue of Share capital, shares 625,000          
Comprehensive income:            
Foreign currency translation adjustments $ 0 0 (119) 0 0 (119)
Net income 0 0 0 0 4,224 4,224
Balance at Dec. 31, 2024 $ 6,011 $ 32,627 $ 664 $ 2,507 $ (617) $ 41,192
Balance, shares at Dec. 31, 2024 6,714,040