NOTE 3 – PREPAID EXPENSES AND OTHER CURRENT ASSETS
June 30,
December 31,
2025
2024
Receivable from the German authorities (*)
393
350
Income tax receivable
1,475
2,123
Interest from bank deposits
582
459
Value Added Tax (VAT) receivable
515
404
Prepaid uniforms
883
814
Prepaid insurance
968
576
Prepaid licenses and training
693
685
Prepaid rent
573
412
Derivative assets - foreign currency contracts
775
5
Other
2,725
1,861
$
9,582
$
7,689
1.
In Germany, the employees are eligible for payroll support. The Company paid its German employees their full salary and subsequently, the Company is reimbursed by the German government for the payroll support amount.