XML 55 R36.htm IDEA: XBRL DOCUMENT v3.25.4
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Disaggregation of Revenue
License revenues were comprised of the following for the periods presented:
Years Ended
December 31,
20252024
(In thousands)
Paid-up license revenue agreements$76,865 $17,253 
Recurring license revenue agreements1,490 2,272 
Total$78,355 $19,525 
Printronix’s net revenues were comprised of the following for the periods presented:
Years Ended
December 31,
20252024
(In thousands)
Printers, consumables and parts$25,097 $27,075 
Services3,170 3,346 
Total$28,267 $30,421 
Benchmark’s revenue were comprised of the following for the periods presented:
Years Ended
December 31,
20252024
(In thousands)
Oil sales$28,524 $26,468 
Natural gas sales18,186 9,194 
Natural gas liquids sales15,086 13,014 
Other service sales2,022 507 
Total$63,818 $49,183 
Deflecto’s revenue were comprised of the following for the periods presented:
Year Ended December 31, 2025October 18, 2024 to December 31, 2024
(In thousands)
Transportation safety$42,568 $7,977 
Air distribution37,586 7,782 
Office products34,638 7,424 
Total$114,792 $23,183 
Summary of Cost of Revenues Cost of revenues were comprised of the following for the periods presented:
Years Ended
December 31,
20252024
(In thousands)
Inventor royalties$17,223 $1,731 
Contingent legal fees7,559 2,285 
Litigation and licensing expenses4,729 4,438 
Amortization of patents20,502 16,097 
Total$50,013 $24,551 
Summary of Product Warranty Liability
The following is a summary of the accrued warranty liabilities, which are included in accrued expenses and other current liabilities, and other long-term liabilities in the consolidated balance sheets:
Years Ended
December 31,
20252024
(In thousands)
Beginning balance$109 $96 
Estimated future warranty expense231 
Warranty claims settled(27)(218)
Ending balance$87 $109 
Schedule of Useful Lives of Property and Equipment Depreciation and amortization is computed on a straight-line basis over the following estimated useful lives of the assets:
Machinery and equipment
2 to 10 years
Vehicles
3 to 5 years
Furniture and fixtures
3 to 7 years
Computer hardware and software
3 to 5 years
Building and leasehold improvements
2 to 40 years (Lesser of lease term or useful life of improvement)