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

Accrued Expenses and Other Current Liabilities

v3.26.1
Accrued Expenses and Other Current Liabilities
 12 Months Ended
Dec. 31, 2025
Accrued Expenses and Other Current Liabilities [Abstract]  
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

NOTE 10 – ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

 

Accrued expenses and other current liabilities consist of the following:

 

   

December 31,

  
(dollars in thousands)   2025     2024  
Compensation and other benefits   $ 21,003     $ 1,907  
Accrued income and other tax     4,299       385  
Operating lease liabilities     3,076       1,122  
Accrued purchases     1,903       83  
Accrued interest     721       1,674  
Other accrued expenses and payables     2,968       670  
Total accrued expenses and other current liabilities   $ 33,970     $ 5,841