| WARRANTY OBLIGATIONS |
NOTE 12: WARRANTY OBLIGATIONS
Changes in the Company’s product warranty obligations for the three and six months ended June 30, 2024 and 2023, were as follows:
| |
|
Three Months Ended
June 30,
|
|
|
Six Months Ended
June 30,
|
|
| |
|
2024
|
|
|
2023
|
|
|
2024
|
|
|
2023
|
|
|
Balance, at the beginning of the period
|
|
$
|
502,499
|
|
|
$
|
442,971
|
|
|
$
|
518,244
|
|
|
$
|
385,057
|
|
|
Accruals for warranty during the period
|
|
|
12,492
|
|
|
|
72,108
|
|
|
|
31,339
|
|
|
|
154,948
|
|
|
Changes in estimates
|
|
|
9,204
|
|
|
|
6,703
|
|
|
|
9,310
|
|
|
|
10,068
|
|
|
Settlements
|
|
|
(33,363
|
)
|
|
|
(33,195
|
)
|
|
|
(68,061
|
)
|
|
|
(61,486
|
)
|
|
Balance, at end of the period
|
|
|
490,832
|
|
|
|
488,587
|
|
|
|
490,832
|
|
|
|
488,587
|
|
|
Less current portion
|
|
|
(169,214
|
)
|
|
|
(146,150
|
)
|
|
|
(169,214
|
)
|
|
|
(146,150
|
)
|
|
Long term portion
|
|
$
|
321,618
|
|
|
$
|
342,437
|
|
|
$
|
321,618
|
|
|
$
|
342,437
|
|
|