Product Warranty Liability |
6 Months Ended | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||
| Product Warranty Liability [Abstract] | |||||||||||||||||||||
| Product Warranty Liability | 7. Product Warranty Liability
Changes in product warranty liability were as follows:
The assumptions utilized in developing the liability as of June 30, 2026 include an estimated cost per unit of $6, an average sound processor / battery assembly (“Battery”) life of five years, inflationary increase of 3.8%, and an average patient life calculated based on probabilities outlined in the PRI-2012 mortality tables, published from the Society of Actuaries. Additionally, a discount rate of 5.6% was used in the calculation as of June 30, 2026. |
||||||||||||||||||||