Annual report [Section 13 and 15(d), not S-K Item 405]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.25.0.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2024
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of Allowance for doubtful accounts A rollforward of the allowance for credit losses is as follows (in thousands):

Year ended December 31, 

2024

    

2023

Balance at beginning of year

    

$

978

$

1,074

Provision

 

195

 

-

Write-offs

 

-

 

(96)

Balance at end of year

$

1,173

$

978

Schedule of additional inventory reserves These additional inventory reserves were as follows (in thousands):

Year ended December 31, 

    

2024

    

2023

Inventory reserves

$

897

$

-

Schedule of scrap losses on inventory These scrap losses are as follows (in thousands):

Year ended December 31, 

2024

2023

Scrap loss reserves

$

2,798

$

1,507