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INVENTORY | 12 Months Ended
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Dec. 31, 2024
Inventory Disclosure [Abstract] |
INVENTORY |
NOTE 3 - | INVENTORY
Inventory is composed of the following:
|  | December 31, |
|  | 2024 |  |  | 2023 |
Raw materials and components |  | $ | 50,197 |  |  | $ | 36,934 |
Work in progress |  |  | 17,382 |  |  |  | 13,493 |
Finished goods |  |  | 961 |  |  |  | 853 |
Total inventory |  | $ | 68,540 |  |  | $ | 51,280 |
Inventories write down expenses due to slow inventory amounted to $547, $187 and $1,284 for the years ended December 31, 2024, 2023 and 2022, respectively. The Company maintains a wide range of exchangeable units and other spare parts related to its products and services in various locations. Due to the long lead time of its suppliers and manufacturing cycles, the Company needs to forecast demand and commit significant resources towards these inventories. As such, the Company is subject to risks including excess inventory no longer relevant.

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 330 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/330/tableOfContent + Details
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