Inventory |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Inventory Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Inventory | 5. Inventory
Inventory consists of the following (in thousands):
At the closing of the APT acquisition, the Company recorded all inventory at its market value in accordance with GAAP.
The Company had approximately $2.6 million in reserve for excess and obsolescence inventory at December 31, 2025 and 2024, respectively. The reserve includes the fair value of slow-moving acquired inventory and the value of Niobe Systems and related raw materials and spare parts.
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