v3.25.2
COMMITMENTS AND CONTINGENCIES
6 Months Ended
Jun. 30, 2025
COMMITMENTS AND CONTINGENCIES  
COMMITMENTS AND CONTINGENCIES

11.

COMMITMENTS AND CONTINGENCIES

Litigation

From time to time, the Company may be involved in lawsuits, claims, investigations, and proceedings consisting of intellectual property, commercial, employment, and other matters, which arise in the ordinary course of business. In accordance with ASC Topic 450, Contingencies, the Company makes a provision for a liability when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. As of June 30, 2025 and December 31, 2024, there were no matters pending that required provision.

Purchase Obligations

The Company has agreements with hardware suppliers to purchase inventory. As of June 30, 2025, the Company had $23.7 million in purchase obligations outstanding.