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COMMITMENTS AND CONTINGENCIES
9 Months Ended
Sep. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES

NOTE 7—COMMITMENTS AND CONTINGENCIES

 

The Company has $1,046,000 in operating lease obligations payable through 2030 and $277,000 in other contractual obligations, which includes contractual services and software license agreements. The contractual services include $212,000 payable through September 30, 2026 and $60,000 payable through September 30, 2027. The software license agreements of $5,000 are all payable through September 30, 2026. The Company also has $706,000 in open purchase order commitments payable through May 31, 2026 of which $523,000 (74%) is to one electronics vendor.