ACCRUED LIABILITIES AND OTHERS

3 Months Ended

Mar. 31, 2026

Accrued Liabilities Disclosure Abstract

Accrued Liabilities Disclosure [Text Block]

NOTE 10 – ACCRUED LIABILITIES AND OTHERS

	(in thousands)
	As of March 31, 2026 (Unaudited) ($)		As of December 31, 2025 (Audited) ($)
Compensation and other contributions		495		407
Provision for expenses		101		200
Current lease liability		9		9
Derivative Liability		27		-
Other current liability		260		346
Total		892		962

Compensation and other contribution-related liabilities consist primarily of accrued salaries and bonuses payable to employees. Provisions for expenses include estimated amounts for legal, professional, and marketing services. During the three months ended March 31, 2026, the derivative liability of approximately $27 thousand relates to the embedded conversion feature of the VFG Note. For more information, please refer to Note 11, “Loans and Other Liabilities”. Other current liabilities also include statutory payables of approximately $28 thousand and $29 thousand as of March 31, 2026, and December 31, 2025, respectively.