v3.26.1
Note 20 - Recently Issued Accounting Pronouncements
3 Months Ended
Mar. 31, 2026
Notes to Financial Statements  
Accounting Standards Update and Change in Accounting Principle [Text Block]

20.

RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

 

The Company's significant accounting policies are described in Note 1 in Item 8 of the Annual Report. There have been no changes to the Company’s significant accounting policies during the three months ended March 31, 2026. Previous changes to the Company's significant accounting policies are included herein.

 

In  November 2024, the FASB issued ASU 2024-03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (ASC Topic 220), which requires public entities to disclose information about purchases of inventory, employee compensation, depreciation, intangible asset amortization, and depletion for each income statement line item that contains those expenses. ASU 2024-03 is effective for fiscal years beginning after  December 15, 2026 and interim periods within annual reporting periods beginning after  December 15, 2027, with early adoption permitted. The Company is currently evaluating the impact of adopting ASU 2024-03.