v3.26.1
PENSION AND OTHER BENEFIT PLANS
6 Months Ended
Jun. 30, 2026
PENSION AND OTHER BENEFIT PLANS  
PENSION AND OTHER BENEFIT PLANS

NOTE 7. PENSION AND OTHER BENEFIT PLANS

The Company does not have a funded benefit plan. The following is a reconciliation of pension cost components for the six months ended:

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June 30, 

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2026

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2025

Change in benefit obligations:

 

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Projected benefit obligations at beginning of year

 

1,195

 

1,167

Service cost

 

38

 

46

Interest cost

 

22

 

—

Exchange rate impact

 

(38)

 

153

Projected benefit obligations at end of the period

 

1,218

 

1,366

Unrecognized actuarial (gain) loss

 

(358)

 

(179)

Unrecognized prior service cost

 

12

 

13

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