Concentrations |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Risks and Uncertainties [Abstract] | |
| Concentrations | Concentrations As of March 31, 2026, four customers accounted for 66% of the Company’s total accounts and unbilled receivables. As of December 31, 2025, four customers accounted for 57% of the Company’s total accounts receivable. During the three months ended March 31, 2026, 69% of the Company’s revenues were earned from three customers. During the three months ended March 31, 2025, 74% of the Company’s revenues were earned from four customers. As of March 31, 2026, one vendor accounted for 13% of the Company’s accounts payable. As of December 31, 2025, two vendors accounted for 24% of the Company’s accounts payable. During the three months ended March 31, 2026, three vendors accounted for 42% of the Company’s cost of goods sold. During the three months ended March 31, 2025, two vendors accounted for 40% of the Company’s cost of goods sold. The Company’s primary product is Northern White sand, and its mining operations are limited to Wisconsin and Illinois. There is a risk of loss if there are significant environmental, legal or economic changes to the geographic areas of the Company’s mines, the oil and natural gas producing basins they serve, or the transportation routes between them.
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