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

12 - COMMITMENTS AND CONTINGENCIES

 

Legal and Regulatory Proceedings

 

We are engaged in various legal and regulatory proceedings incidental to our normal business activities, none of which, individually or in the aggregate, are deemed to be a material risk to our financial condition.

 

Inventory Purchasing

 

Outstanding commitments to purchase inventory from suppliers aggregated $400,000 and $415,000 as of December 31, 2024 and December 31, 2023, respectively. Of our outstanding purchase commitment as of December 31, 2024, approximately $40,000 is due in the next twelve months. The remainder is due in the year ended December 31, 2026 or later, which the timing is dependent on additional customer orders.  For each year ended December 31, 2024 and 2023, the commitments due and purchased within the following twelve months were $39,000 and $35,000, respectively.