OTHER PAYABLES AND ACCRUED EXPENSES

6 Months Ended

Jun. 30, 2026

Payables and Accruals [Abstract]

OTHER PAYABLES AND ACCRUED EXPENSES

OTHER PAYABLES AND ACCRUED EXPENSES

At June 30, 2026 and December 31, 2025, other payables and accrued expenses consisted of the following:

	June 30, 2026		December 31, 2025
Accrued commissions	$	30,393	$	26,931
Accrued warranty	22,938		19,104
Accrued payroll	21,733		24,830
Accrued machine sales fees	18,431		13,341
Accrued Lingang construction fees	9,680		24,258
Accrued payroll taxes	30,024		19,552
Payable for investments	1,028		4,838
ACM Shanghai dividend payable	11,768		—
Others	22,949		17,542
Total	$	168,944	$	150,396

Warranties

The Company provides standard warranties on its products. The liability amount is based on actual historical warranty spending activity by type of product, customer, and geographic region, modified for any known differences such as the impact of product reliability improvements.

Changes in the Company’s accrued warranty were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Balance at beginning of period	$	19,299	$	13,242	$	19,104	$	12,710
Additions	4,414		3,172		7,728		5,706
Utilized	(775)		(2,870)		(3,894)		(4,872)
Balance at end of period	$	22,938	$	13,544	$	22,938	$	13,544