XML 122 R11.htm IDEA: XBRL DOCUMENT v3.26.1

INVENTORIES

12 Months Ended

Dec. 31, 2025

INVENTORIES

INVENTORIES

NOTE 3. INVENTORIES

Inventories consist of the following:

		As of December 31,
		2025				2024
Finished goods		$	2,672,800			$	3,800,385
Raw materials			753,627				877,817
Inventory reserve			(500,000	)			(1,100,000	)
Total		$	2,926,427			$	3,578,202

The movements of inventory reserve were as follows:

		For the years ended December 31,
		2025				2024
Beginning reserve		$	1,100,000			$	95,000
Additions (provisions)			-				1,005,000
Write-off/disposals			(600,000	)			-
Ending reserve		$	500,000			$	1,100,000

During the year ended December 31, 2025, the inventory reserve decreased by $600,000 from $1.1 million to $500,000, reflecting the write-off and disposal of $600,000 of inventory items identified as no longer serviceable or saleable, including certain surface unit equipment retired from active inventory and repurposed for internal parts and repairs, as well as other slow-moving and excess inventory items identified during the year. The remaining reserve of $500,000 represents management's estimate of inventory that may not be fully realizable.

X

- References

No definition available.

+ Details

Name:	us-gaap_InventoryDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_InventoryDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration