Warranty reserves

3 Months Ended

12 Months Ended

Mar. 31, 2023

Dec. 31, 2022

Warranty reserves

Warranty reserves

Note 10 — Warranty reserves

The Company establishes warranty reserves to provide for estimated future costs as a result of construction and product defects. Estimates are determined based on management’s judgment considering factors such as historical spend and projected cost of corrective action.

The following table provides a summary of the activity related to warranty reserves, which are included in Other accrued expenses and liabilities on the accompanying Condensed Consolidated Balance Sheets as follows:

	Three Months Ended		Year Ended
	March 31, 2023		December 31, 2022
Warranty reserves at beginning of the period	$	1,371,412	$	1,275,594
Reserves provided		242,720		1,156,027
Payments for warranty costs and other		(204,713)		(1,060,209)
Warranty reserves at end of the period	$	1,409,419	$	1,371,412

Note 8 — Warranty reserves

The Company establishes warranty reserves to provide for estimated future costs as a result of construction and product defects. Estimates are determined based on management’s judgment considering factors such as historical spend and projected cost of corrective action.

The following table provides a summary of the activity related to warranty reserves, which are included in Other accrued expenses and liabilities on the accompanying Balance Sheets as follows:

	2022		2021
Warranty reserves at January 1	$	1,275,594	$	963,204
Reserves provided		1,156,027		1,206,142
Payments for warranty costs and other		(1,060,209)		(893,752)
Warranty reserves at December 31	$	1,371,412	$	1,275,594