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Note 10 - Leases
12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Lessee, Operating Leases [Text Block]

10.

Leases

 

The Company’s continuing operations has operating leases for offices in the U.S. and China. Total expenses incurred under these operating leases for the years ended December 31, 2024 and 2025 were $267 and $281, respectively. Total expenses incurred under short-term leases for the years ended December 31, 2024 and 2025 were $31 and $1, respectively. The short-term lease commitments were nil as of December 31, 2025.

 

Maturities of operating lease liabilities as of December 31, 2025 are as follows:

 

   

$

 
         

Year ending December 31, 2026

    332  

Total lease payments

    332  

Less: imputed interest

    (12 )
         

Present value of lease liabilities

    320  

 

Other supplemental information related to leases is summarized below:

 

   

Year ended December 31,

 
   

2024

   

2025

 

Operating cash flows used in operating lease

  $ 295       410  

 

   

As of December 31,

 
    2024     2025  

Weighted average remaining lease term (years)

    2.16       1.20  

Weighted average discount rate

    5.1 %     5.0 %