Note 2 - Acquisition (Tables)

12 Months Ended

Dec. 31, 2020

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Cash	$	942
Accounts receivable		3,621
Inventories		4,685
Other current assets		431
Property, plant and equipment		9,177
Goodwill		6,534
Customer relationships		2,522
Trade name		1,127
Accounts payable		(1,060	)
Other current liabilities		(778	)
Deferred tax liability, net		(1,011	)
Net assets acquired	$	26,190

Business Acquisition, Pro Forma Information [Table Text Block]

	Year Ended December 31,
	2020		2019
Revenue	$	107,712	$	115,590
Operating income		5,701		8,008
Net Income attributable to Ultralife Corporation		5,232		5,526
Net income per share attributable to Ultralife Corporation:
Basic	$	0.33	$	0.35
Diluted	$	0.33	$	0.34