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NEW ACCOUNTING PRONOUNCEMENTS
6 Months Ended
Jun. 30, 2025
NEW ACCOUNTING PRONOUNCEMENTS  
NEW ACCOUNTING PRONOUNCEMENTS

NOTE 14 – NEW ACCOUNTING PRONOUNCEMENT

In November 2024, the FASB issued ASU No. 202403, Income Statement – Reporting Comprehensive Income – Expense Disaggregation Disclosures (Subtopic 220–40): Disaggregation of Income Statement Expenses, which requires disaggregated disclosure of income statement expenses into specified categories within the footnotes to the financial statements. ASU No. 202403 is applicable for fiscal years beginning after December 15, 2026. The Company is in the process of evaluating the new guidance to determine the extent to which it will impact the Company’s consolidated financial statements.