v3.26.1
Note 13 - Significant Customers and Concentrations
3 Months Ended
Mar. 31, 2026
Notes to Financial Statements  
Concentration Risk Disclosure [Text Block]

NOTE 13 – SIGNIFICANT CUSTOMERS AND CONCENTRATIONS

 

The following table presents customers accounting for 10% or more of the Company’s revenue:

 

  

For the Three Months

 
  

Ended March 31,

 
  

2026

  

2025

 

Customer A

  12%  *%

Customer B

  11   * 

Customer C

  *%  40%

 

* Zero or less than 10%

 

The following table presents customers accounting for 10% or more of the Company’s Accounts receivable:

 

  

March 31,

  

December 31,

 
  

2026

  

2025

 

Customer A

  13%  *%

Customer B

  11   10 

Customer C

  *   12 

Customer D

  *   20 

Customer E

  *%  16%
       
       

 

* Zero or less than 10%

 

As of March 31, 2026, approximately 95% of the Company’s assets were located in Denmark, 3% were located in China, and 2% were located in the U.S. As of December 31, 2025, approximately 97% of the Company’s assets were located in Denmark, 3% were located in China, and 0% were located in the U.S.