Revenue Recognition |
3 Months Ended |
|---|---|
Mar. 31, 2025 | |
| Revenue Recognition [Abstract] | |
| Revenue Recognition | (6) Revenue
Recognition Revenue is recognized upon shipment of our goods based upon contractually stated pricing at standard payment terms ranging from 30 to 60 days. All revenue is recognized at a point in time. For the three months ended March 31, 2025 and 2024, there were no unsatisfied performance obligations. The majority of products
sold directly to U.S customers are shipped via common carrier, and the customer
pays for shipping and handling and assumes control Free on Board (FOB) shipping
point. Products shipped to our international distributors are in accordance
with their respective agreements; however, the shipping terms are generally
EX-Works, reflecting that control is assumed by the distributor at the shipping
point. Returns are only accepted with prior authorization from the Company.
Items to be returned must be in original unopened cartons and are
subject to a 30% restocking fee. Throughout the periods presented, the Company
has not had a history of significant returns. The
Company’s sales for the quarters ended March 31, 2025 and 2024 were exclusively
in the United States.
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