Note 13. Commitments and Contingencies

The Company may be involved in various lawsuits, claims, and proceedings, including intellectual property, commercial, securities, and employment matters that arise in the normal course of business. The Company records a liability for a loss contingency when management believes information available prior to the issuance of the unaudited condensed consolidated interim financial statements indicates it is probable that a loss has been incurred and the amount of the loss can be reasonably estimated as of the date of the unaudited condensed consolidated interim financial statements. The Company adjusts its accruals, as appropriate, based on negotiations, settlements, rulings, advice of legal counsel and other information and events pertaining to a particular matter. Legal costs are expensed as incurred. As of September 30, 2026, the Company is not aware of any litigation, claim or assessment in which the outcome, individually or in the aggregate, would have a material adverse effect on its consolidated financial position, results of operations, cash flows.

While the Company’s purchase obligations under standard terms and conditions with suppliers and vendors are generally cancellable in whole or in part prior to shipment, not all purchase obligations are cancellable. As of September 30, 2026, the Company had non-cancellable purchase commitments (purchase orders) of approximately $38.3 million primarily related to parts and assemblies,

which are expected to be fulfilled over the next twelve months. If inventory is shipped, the Company will accrue a liability under accrued expenses. The Company has no other material commitments or contingencies as of September 30, 2026, except for its lease obligations. See Note 8, Leases, for further discussion.