v3.26.1
Note 17 - Commitments and Contingencies
6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Commitments and Contingencies Disclosure [Text Block]

17. Commitments and Contingencies

 

Purchase Commitments

 

Certain raw materials are purchased from suppliers under non-cancelable purchase contracts. The terms of the contracts consist of an agreed-upon quantity and price for the materials to be purchased. If the agreed-upon quantity is not purchased during the term of the contract, the Company will be obligated to the supplier for the difference between the contracted price and the market price received by the supplier on the quantity not purchased. Total estimated outstanding commitments were approximately $3.6 million as of June 30, 2026. There were no outstanding commitments as of  December 31, 2025. The Company expects to fulfill all purchase commitments during the normal course of business.