| Major Customers |
Major Customers The Company had five major customers during the year ended December 31, 2025, BRP, International, PACCAR, Yamaha and Volvo. Major customers are defined as customers whose sales individually consist of more than ten percent of total sales during any annual or interim reporting period presented. The loss of a significant portion of sales to these customers could have a material adverse effect on the business of the Company. The following table presents sales revenue for the above-mentioned customers for the years ended December 31 (in thousands): | | | | | | | | | | | | | | | | | | | 2025 | | 2024 | | 2023 | | BRP product sales | $ | 34,393 | | | $ | 28,523 | | | $ | 43,924 | | | BRP tooling sales | 4,406 | | | 1,364 | | | 4,778 | | | Total BRP sales | 38,799 | | | 29,887 | | | 48,702 | | | | | | | | | International product sales | 43,869 | | | 65,084 | | | 71,367 | | | International tooling sales | 33,076 | | | 1,453 | | | 751 | | | Total International sales | 76,945 | | | 66,537 | | | 72,118 | | | | | | | | | PACCAR product sales | 29,554 | | | 38,507 | | | 35,745 | | | PACCAR tooling sales | 322 | | | 609 | | | 1,618 | | | Total PACCAR sales | 29,876 | | | 39,116 | | | 37,363 | | | | | | | | | Yamaha product sales | 22,310 | | | 31,679 | | | 32,030 | | | Yamaha tooling sales | — | | | — | | | — | | | Total Yamaha sales | 22,310 | | | 31,679 | | | 32,030 | | | | | | | | | Volvo product sales | 10,155 | | | 41,007 | | | 57,168 | | | Volvo tooling sales | — | | | — | | | 1,030 | | | Total Volvo sales | 10,155 | | | 41,007 | | | 58,198 | | | | | | | | | Other product sales | 91,924 | | | 86,292 | | | 107,141 | | | Other tooling sales | 3,789 | | | 7,860 | | | 2,186 | | | Total other sales | 95,713 | | | 94,152 | | | 109,327 | | | | | | | | | Total product sales | 232,205 | | | 291,092 | | | 347,375 | | | Total tooling sales | 41,593 | | | 11,286 | | | 10,363 | | | Total sales | $ | 273,798 | | | $ | 302,378 | | | $ | 357,738 | |
|