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Inventory
3 Months Ended
Mar. 31, 2025
Inventory Disclosure [Abstract]  
Inventory

Note 5 – Inventory

Inventory consists of the following as of March 31, 2025 and December 31, 2024 (in thousands):

 

 

 

As of
March 31,

 

 

As of
December 31,

 

 

 

2025

 

 

2024

 

Components, parts and materials

 

$

 

92,977

 

 

$

 

90,230

 

Work in progress

 

 

 

16,254

 

 

 

 

17,780

 

Finished goods

 

 

 

52,861

 

 

 

 

48,221

 

Inventory

 

 

 

162,092

 

 

 

 

156,231

 

Less: inventory allowance

 

 

 

(5,136

)

 

 

 

(5,052

)

Inventory, net

 

$

 

156,956

 

 

$

 

151,179