INVENTORIES |
6 Months Ended |
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Jun. 30, 2025 | |
Inventory Disclosure [Abstract] | |
INVENTORIES | INVENTORIES The Company’s inventories as of June 30, 2025 and December 31, 2024 consisted almost entirely of finished goods inventory, with an immaterial amount of work-in-process inventory.
As of June 30, 2025, the Company recorded a lower-of-cost-or-net-realizable-value inventory reserve of $1.4 million as a result of the identification of additional slow-moving and obsolete inventory substantially comprised of hardware devices and SIM cards. As of December 31, 2024, the Company had inventory reserve of $0.3 million for slow-moving and obsolete inventory substantially comprised of hardware devices.
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- References No definition available.
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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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