Note 5 - Prepaid and Other Current Assets

12 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Prepaid and Other Current Assets [Text Block]

5. PREPAID AND OTHER CURRENT ASSETS

Prepaid and other current assets as of December 31, 2024 and 2023 were as follows (in thousands):

	As of December 31,
	2024		2023
Prepaid expenses	$	966	$	2,386
Advances to suppliers		—		79
Receivable for issuance of common stock		1,679		—
Other		61		52
Total prepaid and other current assets	$	2,706	$	2,517

The Company's advances to suppliers as of December 31, 2024 and 2023 were written down by $1,041 and $1,385, respectively, associated with the winding down of its legacy Non-Automotive product as part of its revised strategic plan in 2023. See Note 18, Restructuring, for further details.