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INVENTORY
9 Months Ended
Sep. 30, 2026
Inventory Disclosure [Abstract]  
INVENTORY

NOTE 5 - INVENTORY

 

Inventory is composed of the following:

 

   

September 30,

2026

   

December 31,

2025

 
             
Raw materials and components   $ 76,728     $ 59,585  
Work in progress     17,231       15,478  
Finished goods     1,369       486  
                 
Total inventory   $ 95,328     $ 75,549  

 

Inventories write down expenses due to slow inventory amounted to $301 and $884 for the nine months ended September 30, 2026 and 2025, respectively.

 

The Company maintains a wide range of exchangeable units and other spare parts related to its products and services in various locations. Due to the long lead time of its suppliers and manufacturing cycles, the Company needs to forecast demand and commit significant resources towards these inventories. As such, the Company is subject to risks including excess inventory no longer relevant.