v3.25.4
Fair Value Measurements
12 Months Ended
Dec. 31, 2025
Fair Value Measurements  
Fair Value Measurements

12. Fair Value Measurements

 

We have financial instruments as of December 31, 2025 and 2024 for which the fair value is summarized below (in thousands):

 

 

 

December 31, 2025

 

 

December 31, 2024

 

 

 

Carrying Value

 

 

Estimated Fair Value

 

 

Carrying Value

 

 

Estimated Fair Value

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Trade receivables, net

 

$4,913

 

 

$4,913

 

 

$4,352

 

 

$4,352

 

Equipment financing receivables

 

 

4,639

 

 

 

4,639

 

 

 

3,446

 

 

 

3,446

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Finance leases

 

$2

 

 

$2

 

 

$23

 

 

$23

 

Notes payable

 

 

114

 

 

 

115

 

 

 

592

 

 

 

587

 

  

We have no liabilities for which fair value is recognized in the balance sheet on a recurring basis as of December 31, 2025 and 2024.