OTHER LONG TERM ASSETS |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| OTHER LONG TERM ASSETS | 4. OTHER LONG TERM ASSETS
Other long term assets were as follows:
The Company maintains inventories, net of reserves of $1,000,000 as of June 30, 2026 and December 31, 2025, which is estimated to be used beyond the next twelve months, mainly for the corrugated medical tubing (“CMT”) products. Higher amounts of materials for the CMT products were initially purchased for cost considerations and because of longer required lead times.
The Company has obtained and is the beneficiary of life insurance policies with respect to past employees.
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