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Note 5 - Product Warranties
3 Months Ended
Mar. 31, 2024
Notes to Financial Statements  
Product Warranty Disclosure [Text Block]

NOTE 5 - PRODUCT WARRANTIES

 

A liability is established for estimated future warranty and service claims based on historical claims experience and specific product failures. The Company expenses warranty costs directly to Cost of products sold. Changes in the Company’s product warranties liability are:

 

   

March 31,

 
   

2024

   

2023

 

Balance of beginning of year

  $ 2,269     $ 1,973  

Provision

    877       969  

Claims

    (718 )     (744

)

Balance at end of period

  $ 2,428     $ 2,198