Syntec Optics Holdings, Inc. OPTX Change In Reserve For Obsolescence
Change In Reserve For Obsolescence at other companies
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Where this comes from
Reported directly by Syntec Optics Holdings, Inc. in its filing.
Tagged under the XBRL concept OPTX:ChangeInReserveForObsolescence.
The official record: Syntec Optics Holdings, Inc.’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Syntec Optics Holdings, Inc.'s change in reserve for obsolescence?
- Syntec Optics Holdings, Inc. (OPTX) reported change in reserve for obsolescence of $2.3K in Q1 2026.
- How has Syntec Optics Holdings, Inc.'s change in reserve for obsolescence changed year-over-year?
- Syntec Optics Holdings, Inc.'s change in reserve for obsolescence decreased by 95.4% year-over-year, from $50.35K to $2.3K.
- What does change in reserve for obsolescence mean?
- This metric represents the net change in the valuation allowance established for inventory that is no longer expected to be sold or utilized in production. It reflects management's assessment of inventory quality and the potential for write-downs due to technological shifts or product lifecycle changes. A significant increase in this reserve may indicate inefficiencies in inventory management or a decline in the marketability of specialized optical components.