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Note 7 - Investment in Foreign Joint Venture (Tables)
12 Months Ended
Dec. 31, 2024
Notes Tables  
Equity Method Investments [Table Text Block]
  

Year Ended December 31,

 
  

2024

  

2023

 

Revenues

 $117,459  $102,981 

Gross profit

  14,458   12,544 

Earnings

  4,101   4,418 
  

December 31,

 
  

2024

  

2023

 

Assets:

        

Total current assets

 $124,253  $135,217 

Total non-current assets

  9,496   3,003 

Total assets

 $133,749  $138,220 

Liabilities and equity:

        

Total liabilities

 $101,562  $104,760 

Total joint ventures’ equity

  32,187   33,460 

Total liabilities and equity

 $133,749  $138,220 
Schedule of Activity in Investment in Foreign Joint Ventures [Table Text Block]
  

Initial Investment at Merger (1), (2)

  

Undistributed Earnings

  

Cumulative Foreign Exchange Translation Adj

  

Investment in BOMAY

 

Balance at December 31, 2022

 $9,333  $2,295  $(22) $11,606 

Equity in earnings

     1,897      1,897 

Less: dividend distributions

     (1,225)     (1,225)

Foreign currency translation loss

        (269)  (269)

Balance at December 31, 2023

  9,333   2,967   (291)  12,009 

Equity in earnings

     1,770      1,770 

Less: dividend distributions

     (1,716)     (1,716)

Foreign currency translation loss

        (404)  (404)

Balance at December 31, 2024

 $9,333  $3,021  $(695) $11,659 
  

December 31,

 
  

2024

  

2023

 

Original basis difference

 $1,165  $1,165 

Less accumulated accretion

  (702)  (573)

Net remaining basis difference, net at end of period

 $463  $592