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COMMITMENTS AND CONTINGENCIES
12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES

NOTE 8—COMMITMENTS AND CONTINGENCIES

 

The Company has $98,000 in operating lease obligations payable through 2025 and $496,000 in other contractual obligations. The contractual services include $233,000 payable through December 31, 2025, $195,000 payable through December 31, 2026, and $15,000 payable through December 31, 2027. The Company also has $603,000 in open purchase order commitments payable through December 31, 2025 of which $377,000 (63%) is to one electronics vendor.