NOTE 3 -

INVENTORY

Inventory is composed of the following:

	March 31, 2026		December 31, 2025

Raw materials and components	$	62,032	$	59,585
Work in progress		18,792		15,478
Finished goods		912		486

Total inventory	$	81,736	$	75,549

Inventories write down expenses due to slow inventory amounted to $0 and $251 for the three months ended March 31, 2026 and 2025, respectively.

The Company maintains a wide range of exchangeable units and other spare parts related to its products and services in various locations. Due to the long lead time of its suppliers and manufacturing cycles, the Company needs to forecast demand and commit significant resources towards these inventories. As such, the Company is subject to risks including excess inventory no longer relevant.