v3.26.1
ACCOUNTS PAYABLE AND ACCRUED EXPENSES
12 Months Ended
Dec. 31, 2025
ACCOUNTS PAYABLE AND ACCRUED EXPENSES  
ACCOUNTS PAYABLE AND ACCRUED EXPENSES

5.    ACCOUNTS PAYABLE AND ACCRUED EXPENSES:

Accounts payable and accrued expenses consist of the following:

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December 31, 

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December 31, 

(in thousands)

  ​ ​ ​

2025

​

2024

Accounts payable - trade

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$

4,435

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$

843

Payroll liabilities

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39

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397

Accrued expenses – other

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129

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158

VAT payable

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—

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287

Accrued expenses – audit & accounting fees

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—

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106

Total accounts payable and accrued expenses

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$

4,603

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$

1,791

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