v3.25.2
Subsequent Events
6 Months Ended
Jun. 30, 2025
Subsequent Events [Abstract]  
Subsequent Events

10. Subsequent Events

 

Subsequent to June 30, 2025, the Company entered into a public-private partnership agreement with the National Office for Rural Hydraulics (“ONHR”), a branch of the Ministry of Rural Development in the Democratic Republic of Congo (“DRC”). The objective of the partnership is for the Company to manufacture and install 300 AQUAtap community water centers over the next 5 years in DRC communities. The Company is responsible for contributing $30,000,000 to the partnership over the anticipated 10-year term of the agreement in order to fund the 300 AQUAtap systems. ONHR is entitled to receive 40% of the gross revenue generated by the partnership while the Company is entitled to receive 60% of the revenue.