v3.25.2
Financial Instruments and Fair Value Disclosures (Tables)
6 Months Ended
Jun. 30, 2025
Financial Instruments and Fair Value Disclosures [Abstract]  
Derivative Contracts Measured on Recurring Basis
The company enters in forward and options agreement to hedge against foreign currency risks. As of June 30, 2025, foreign currency derivatives can be analyzed as follows:


 
Derivatives assets (current)
   
Derivatives liabilities (current)
 
   
Fair value
   
Nominal value
   
Fair value
   
Nominal value
 
Hedge accounting
  $
439,516
    $
6,445,061
    $
    $
 
Economic hedging
   
1,308,675
     
27,166,541
     
871,779
     
21,803,404
 
Total
  $
1,748,191
    $
33,611,602
    $
871,779
    $
21,803,404