XML 136 R13.htm IDEA: XBRL DOCUMENT v3.25.3
Product Warranty Liability
9 Months Ended 12 Months Ended
Sep. 30, 2025
Dec. 31, 2024
Product Warranty Liability [Abstract]    
Product Warranty Liability

7. Product Warranty Liability

 

Changes in warranty liability were as follows:

 

   Warranty
Liability
 
Balance as of December 31, 2024  $2,053 
Utilization   (120)
Balance as of September 30, 2025  $1,933 

 

The assumptions utilized in developing the liability as of September 30, 2025 include an estimated cost per unit of $6, an average sound processor / battery assembly ("Battery") life of five years, inflationary increase of 3.9%, and an average patient life calculated based on probabilities outlined in the PRI-2012 mortality tables, published from the Society of Actuaries. Additionally, a discount rate of 5.5% was used in the calculation as of September 30, 2025.

8. Product Warranty Liability

 

Changes in warranty liability were as follows (in thousands):

 

   Amount 
Balance as of December 31, 2023  $2,234 
Utilization   (181)
Balance as of December 31, 2024  $2,053 

 

The assumptions utilized in developing the liability as of December 31, 2024, include an estimated cost per unit of $6 thousand, an average Battery life of five years, inflationary increase of 3.8%, and an average patient life calculated based on probabilities outlined in the PRI-2012 mortality tables, published from the Society of Actuaries. Additionally, a discount rate of 5.2% was used in the calculation as of December 31, 2024.