v3.26.1
Concentration of Risk
3 Months Ended
Mar. 31, 2026
Concentration of Risk  
Concentration of Risk

Note 3. Concentration of Risk

 

Credit Risk

 

Financial instruments that subject the Company to concentrations of credit risk consist primarily of cash and money market funds. The Company maintains cash and money market funds with financial institutions that management deems credit worthy, and at times, cash balances may be in excess of FDIC and SIPC insurance limits of $250,000 and $500,000 (including cash of $250,000), respectively.

 

Foreign Operations

 

The accompanying interim unaudited condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 include assets amounting to approximately $785,000 and $700,000, respectively, relating to the Company’s operations in Australia. Unanticipated events in foreign countries could disrupt the Company’s operations and impair the value of these assets.