Preheat your oven to 375°F (190°C).

In a large mixing bowl, combine ground beef, chopped onion, fresh cilantro, diced jalapeño, minced garlic, ground cumin, chili powder, smoked paprika, salt, and pepper.

Fold in the shredded cheddar cheese and crushed tortilla chips into the meat mixture.

Add the beaten egg to the bowl and mix until fully combined.

Using your hands, form the meat mixture into golf-ball-sized meatballs.

Heat a large ovenproof skillet over medium heat and add olive oil. Sear the meatballs for about 5 minutes.

Pour the canned Mexican-style tomatoes with green chilies over the meatballs.

Transfer the skillet to the preheated oven and bake for 15-20 minutes until the internal temperature reaches 160°F (71°C).

Garnish with fresh lime wedges before serving.