Annual report [Section 13 and 15(d), not S-K Item 405]

INCOME TAXES (Details 1)

v3.25.1
INCOME TAXES (Details 1) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Components of net deferred tax assets    
Net operating loss carryforward $ 19,478 $ 17,564
General business tax credit 12,154 12,085
Stock options 1,122 6,792
Charitable contribution 7  
Accrued expenses 237 310
Unearned revenue 2,605 2,603
Allowance for bad debt 253 545
Unrealized gain on foreign exchange translation and others 1,314 1,295
Section 174 Expenditures 322 420
Unrealized gain on long term investment   30
Other 1,772 1,678
Total gross deferred tax assets 39,264 43,322
Less valuation allowance (38,838) (42,895)
Net deferred tax assets $ 426 $ 427