XML 42 R30.htm IDEA: XBRL DOCUMENT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2024

Accounting Policies [Abstract]

Schedule of Changes in Contract Assets

The changes in contract assets for the year ended December 31, 2024 were as follows (in thousands):


Balance at December 31, 2023	$	4,157
Revenue recognized from contract assets		55,814
Conversion of contract assets into accounts receivable		(54,522	)
Balance at December 31, 2024	$	5,449

Schedule of Allowance For Credit Losses

The changes in the allowance for credit losses for the year ended December 31, 2024 were as follows (in thousands):


Balance at December 31, 2023	$	(1,458	)
Additions during 2024		(439	)
Utilization of allowance for credit losses		207
Balance at December 31, 2024	$	(1,690	)

Summary of Asset and Liabilities Measured at Fair Value

Asset and liabilities measured at fair value are summarized as follows (in thousands):

           
          Assets at Fair Value as of December 31, 2024

           
          Level 1

          Level 2

          Level 3

          Total

Investments, equity securities

$

—

$

—

$

—

$

—

Total assets at fair value

$

—

$

—

$

—

$

—


		Assets at Fair Value as of December 31, 2023
		Level 1				Level 2				Level 3				Total
Investments, equity securities		$	888			$	—			$	—			$	888
Total assets at fair value		$	888			$	—			$	—			$	888

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

+ References + Details