v3.25.1
Inventories
3 Months Ended
Mar. 31, 2025
Inventory Disclosure [Abstract]  
Inventories

8. Inventories — Inventory is stated at the lower of cost or net realizable value. Cost is determined by the average cost method, and includes material, labor, factory overhead and subcontracting services.

 

 

 

March 31,
2025

 

 

December 31,
2024

 

Finished products

 

$

159,642

 

 

$

154,628

 

Raw materials

 

 

24,954

 

 

 

24,664

 

Inventories

 

$

184,596

 

 

$

179,292

 

Finished products consist of products that are sold to customers in their current form as well as intermediate products that require further formulation to be saleable to customers.