v3.26.1
Recently Issued Accounting Pronouncements
6 Months Ended
Jun. 30, 2026
Accounting Changes and Error Corrections [Abstract]  
Recently Issued Accounting Pronouncements

NOTE 15 – RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

 

In May 2026, the Financial Accounting Standards Board issued Accounting Standards Update (ASU) No. 20264-01, Environmental Credits and Environmental Credit Obligations (Topic 818). The amendments in this ASU require disclosure on the balance sheet and within the notes to the financial statements, of specified information about environmental credits and associated obligations. The ASU is effective for annual reporting periods beginning after December 15, 2027, and interim reporting periods beginning after December 15, 2027. Early adoption is permitted. We expect the adoption of this ASU will impact the Company’s current accounting methodology and disclosures, however we do not expect the impact to be material.