Note 10 - Goodwill

3 Months Ended

Mar. 31, 2024

Notes to Financial Statements

Goodwill Disclosure [Text Block]

10. Goodwill

The Company performs its annual goodwill impairment test during the second quarter of each fiscal year or whenever events or changes in circumstances indicate that the carrying value may exceed the fair value. If the carrying value exceeds the estimated fair value, an impairment is recorded. The Company operates as a single reporting unit. The Company estimates the fair value of its single reporting unit using a market approach, which takes into account the Company’s market capitalization plus an estimated control premium. No impairment charges were recorded for the three months ended March 31, 2024 and 2023.

Balance at December 31, 2023	$	8,641
Currency translation adjustments		(65	)
Balance at March 31, 2024	$	8,576