ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

12 Months Ended

Dec. 31, 2024

Payables and Accruals [Abstract]

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

8. ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

We are obligated to pay royalties pursuant to an exclusive Amended and Restated Intellectual Property License Agreement (the “License Agreement”), dated as of September 30, 2016, with Syzygy Licensing, LLC (“Syzygy”), a private technology invention, consulting and licensing company owned and controlled by Elwood G. Norris, a founder and former officer and current 5% stockholder of the Company, and James A. Barnes, a former officer and stockholder of the Company (see Note 16).

Accrued liabilities include $81 and $14 due to Syzygy pursuant to the License Agreement as of December 31, 2024 and 2023, respectively.

Accrued liabilities consist of the following:

	December 31,
	2024		2023
Patent and legal costs	$	60	$	21
Accrued compensation		121		325
Warranty costs		83		72
Royalty		81		14
Contract settlement		300		-
Accrued purchases		584		212
Taxes and other		174		48
	$	1,403	$	692

Changes in our estimated product warranty costs were as follows:

	Year Ended December 31,
	2024			2023
Balance, beginning of period	$	72		$	125
Warranty settlements		(79	)		(169	)
Warranty provision		90			116
Balance, end of period	$	83		$	72