Restricted Cash

6 Months Ended

Jun. 30, 2024

Restricted Cash [Abstract]

Restricted Cash

Note 6 – Restricted Cash

The Company establishes restricted cash balances when required by customer contracts and to collateralize standby letters of credit. The carrying value of restricted cash approximates fair value.

The Company’s restricted cash balances are as follows:

	June 30,		December 31,
	2024		2023
Restricted cash from customer deposit	$	282	$	282
Restricted cash to collateralize standby letters of credit		103		103
Restricted cash to collateralize foreign currency derivatives		2,070		320
Total restricted cash and restricted cash equivalents	$	2,455	$	705