Commitments and Contingencies |
6 Months Ended |
|---|---|
Jun. 30, 2025 | |
| Commitments and Contingencies Disclosure [Abstract] | |
| Commitments and Contingencies | NOTE 14 – COMMITMENTS AND CONTINGENCIES Letters of Credit and Guarantees The Company had open standby letters of credit totaling $1.7 million and $1.6 million at June 30, 2025 and December 31, 2024, respectively. Open standby letters of credit reduce the Company’s borrowing capacity under the Credit Facility. At June 30, 2025 and December 31, 2024, the Company had $8.1 million and $8.2 million, respectively, of bank guarantees for facility leases and contract performance obligations. Litigation and Claims The Company is involved in various legal matters and proceedings arising in the ordinary course of business. While these matters and proceedings cause it to incur costs, including, but not limited to, attorneys’ fees, the Company currently believes that any ultimate liability arising out of these matters and proceedings will not have a material adverse effect on its financial position, results of operations, or cash flows. |