Note 14 - Subsequent Events |
12 Months Ended |
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Dec. 31, 2025 | |
| Notes to Financial Statements | |
| Subsequent Events [Text Block] |
14. Subsequent Events
On February 24, 2026, the Company entered into a Share Purchase Agreement (the “Interworks Purchase Agreement”) and purchased one hundred percent of the issued and outstanding share capital of Interworks Single Member SA (“Interworks”), a Greek société anonyme, from Infiterra Holding Limited, a company incorporated in Cyprus, for an aggregate purchase price of approximately €8.0 million (subject to certain adjustments). Interworks is a Greece-based cloud distributor serving reseller markets across Southeastern Europe, including Greece, Malta, Cyprus, Bulgaria, and other regional markets. Interworks serves over 600 cloud reseller and managed service provider relationships, and carefully selected vendor partners. The Interworks Purchase Agreement contains customary representations, warranties, covenants and indemnities. Due to the timing of the closing of the acquisition subsequent to the end of the reporting period, the acquisition is subject to post-closing adjustments and the purchase price allocation is not yet complete. |
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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