SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND PRACTICES (Tables)

12 Months Ended

Dec. 31, 2024

Accounting Policies [Abstract]

Summary of Estimated Useful Lives of Assets

Depreciation and amortization of assets are computed by the straight-line method over the following estimated useful lives of the assets:

Classification	Useful Life
Buildings	20-40 years
Enterprise Resource Planning (“ERP”) System	15 years
Leasehold improvements	2-20 years
Machinery and equipment	2-20 years
Furniture and fixtures	2-10 years
Computers and computer software	2-5 years
Automobiles	2-5 years

Summary of Non-Cash Investing and Financing Activities

Non-cash investing and financing activities are excluded from the consolidated statements of cash flows and are as follows (in thousands):

	Twelve Months Ended December 31,
	2024		2023
Assets acquired under finance lease	$	1,022	$	1,371