v3.26.1
Concentrations
12 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Concentrations ConcentrationsConcentrations
Disaggregation of Revenue

All of the Company’s revenue is derived from sales of casting and strip casting material based on the customers’ “shipped to” address. The following tables presents revenue by geographical region and by countries representing more than 10% of revenue. No revenues were reported in fiscal year 2024.
Region
Year Ended December 31, 2025
(In thousands)
United States$99 
International1,544 
Total revenue$1,643 
Country
Year Ended December 31, 2025
Germany77 %
Switzerland11 %
Other12 %
Total revenue100 %
Major Customers

The following table presents the customers that account for 10% or more of the Company’s revenues. Concentration of revenue between a limited number of customers shifts regularly, depending on when revenue is recognized. The percentages by customer reflect specific relationships or contracts that would concentrate revenue for the period presented and do not indicate a trend specific to any one customer. No revenues were reported in fiscal year 2024.
Customer
Year Ended December 31, 2025
Customer 173 %
Customer 218 %
All other customers%
Major Raw Material Supply Vendors

The following table presents the major raw material supply vendors accounting for 10% or more of the Company’s consolidated raw material supply purchases. The percentages by vendor reflect specific relationships or contracts that would concentrate raw material supply purchases for the period presented and do not indicate a trend specific to any one vendor. There were no vendor purchases in fiscal year 2024.
Vendor
Year Ended December 31, 2025
Vendor 181 %
All other supply vendors19 %
Long-lived Assets
December 31,
Country20252024
(In thousands)
United States$75,910 $26,529 
U.K.10,539 — 
Total long-lived assets$86,449 $26,529