Preheat your oven to 375°F (190°C).

In a large mixing bowl, combine the ground beef, chopped onion, fresh cilantro, jalapeño pepper, 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.

Incorporate the beaten egg into the bowl with your beef mixture.

Shape the mixture into golf-ball-sized meatballs and place them onto a clean plate or baking sheet.

Heat olive oil in a large skillet over medium heat, then add the meatballs and sear for about 5 minutes until browned.

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

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

Remove the skillet from the oven and let it cool slightly before serving. Garnish with fresh lime wedges.