NOTE-5
INVENTORIES
The
Company’s inventories were as follows:-
SCHEDULE OF INVENTORIES
| | |
As of June 30, 2026 | | |
As of December 31, 2025 | |
| | |
$’000 | | |
$’000 | |
| | |
| | |
| |
| Parts and components | |
| 17,294 | | |
| 18,923 | |
| Less: reserve for obsolete inventories | |
| (367 | ) | |
| (370 | ) |
| | |
| | | |
| | |
| Total
inventories | |
| 16,927 | | |
| 18,553 | |
SCHEDULE OF CHANGE IN INVENTORIES ROLLFORWARD
| | |
As of June 30, 2026 | | |
As of December 31, 2025 | |
| | |
$’000 | | |
$’000 | |
| | |
| | |
| |
| Balance at January 1, | |
| 370 | | |
| 350 | |
| Inventories beginning balance | |
| 370 | | |
| 350 | |
| Foreign exchange translation adjustment | |
| (3 | ) | |
| 20 | |
| | |
| | | |
| | |
| Inventories ending balance | |
| 367 | | |
| 370 | |
For
the six months ended June 30, 2026 and 2025, the Company has not recorded provision for impairment on obsolete inventories.
|