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Quarterly report pursuant to Section 13 or 15(d)

Note 2 - Accounting Standards

v3.24.3
Note 2 - Accounting Standards
 9 Months Ended
Sep. 30, 2024
Notes to Financial Statements Ìý
Accounting Standards Update and Change in Accounting Principle [Text Block]

2. ACCOUNTING STANDARDSÌý

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RECENTLY ADOPTED ACCOUNTING STANDARDS

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On January 1, 2024, we adopted Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures; however, the required disclosures are effective for our 2024 annual reporting and interim periods within fiscal years beginning after December 15, 2024.ÌýWeÌýare currently evaluating the impact of the adoption of this accounting standardÌýonÌýthe related disclosures.

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ACCOUNTING STANDARDS PENDING ADOPTION IN FUTURE PERIODS

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TheÌýfollowing relevantÌýaccountingÌýstandardÌýbecomesÌýeffectiveÌýsubsequentÌýtoÌýfiscal year 2024,Ìýand weÌýare currently evaluating the impact of the future adoption of this accounting standardÌýonÌýthe related disclosures:

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FASB ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, effective for annual periods of fiscal years beginning after December 15, 2024 and interim periods within fiscal years beginning after December 15, 2025

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