Note 13 - Reorganization

3 Months Ended

Mar. 31, 2025

Notes to Financial Statements

Restructuring and Related Activities Disclosure [Text Block]

13. Reorganization

On February 26, 2025, the Company announced a reduction of its global workforce to streamline the Company’s team structure to better align with its long-term growth initiatives and profitability objectives. All associated costs with the reorganization are recorded as Operating expenses in the Consolidated Statements of Operations and Comprehensive Loss. Corresponding liabilities are recorded as Accounts payable and other accrued liabilities in the Consolidated Balance Sheets. During the three months ended March 31, 2025, the Company incurred cash severance costs totaling $3,229, reported as Cash compensation in Note 4 Segment Information, including $1,638 related to Research, development and engineering, $937 related to Sales and marketing, $654 related to General and administration. 

The following table provides the details of costs and liabilities associated with the reorganization announced on February 26, 2025:

Balance at December 31, 2024	$	—
Costs incurred		3,229
Cash paid		(2,132	)
Balance at March 31, 2025	$	1,097