BALANCE SHEET DETAILS

12 Months Ended

Dec. 31, 2024

Balance Sheet Related Disclosures [Abstract]

NOTE 4-BALANCE SHEET DETAILS

The following tables provide details of selected balance sheet items:


	December 31,		December 31,
	2024		2023
	(in thousands)
Inventories:
Raw materials	$	840	$	124
Work in process		589		85
Finished goods		506		586
Total Inventories	$	1,935	$	795


	December 31,		December 31,
	2024		2023
	(in thousands)
Prepaid and other current assets
Prepaid tax (1)	$	355	$	212
Advance to suppliers		19		19
Other receivables		606		276
Prepaid and others (2)		3,474		3,248
Total Prepaid and other current assets	$	4,454	$	3,755

(1)

2024 balance includes $0.3 million prepaid value added tax. 2023 balance includes $0.2 million prepaid value added tax.

(2)

2024 balance includes $2.8 million interest receivable. 2023 balance includes $2.3 million interest receivable.


	December 31,			December 31,
	2024			2023
	(in thousands)
Property, plant and equipment, net:
Leasehold improvements	$	1,504		$	1,576
Automobiles		239			246
Computers and software		2,756			2,841
Equipment and furniture		16,302			16,775
Total		20,801			21,438
Less: accumulated depreciation		(20,325	)		(20,828	)
Total Property, plant and equipment, net	$	476		$	610

During the years ended December 31, 2024, 2023 and 2022, the Company wrote-off fully depreciated property, plant and equipment of approximately $0.1 million with accumulated depreciation of $0.1 million, $2.7 million with accumulated depreciation of $2.7 million, and $1.4 million with accumulated depreciation of $1.4 million, respectively.


	December 31,		December 31,
	2024		2023
	(in thousands)
Other current liabilities:
Warranty costs	$	67	$	66
Accrued professional fees		671		715
Accrued other taxes		579		671
Provision for liquidation damages		191		251
Contract deposits		579		592
Others		743		643
Total other current liabilities	$	2,830	$	2,938


	December 31,		December 31,
	2024		2023
	(in thousands)
Other long-term liabilities
Non-current income tax payable	$	1,042	$	1,021
Total other long-term liabilities	$	1,042	$	1,021