v3.26.1
Revenue
3 Months Ended
Mar. 31, 2026
Revenue [Abstract]  
Revenue

Note 14 - Revenue

 

The Company derives revenue by product and merchandise sales of components for automotive and home appliance magnets. The Company did not have revenue for the three months ended March 31, 2025. For the three months ended March 31, 2026, all revenue recognized was product sales at a point in time and generated in the Republic of Korea. The destination of revenue for three months ended March 31, 2025 was as follows:

 

in thousands  Three Months Ended
March 31,
2026
 
Korean domestic sales  $1,799 
Export sales   80 
Total revenue  $1,879 

 

For three months ended March 31, 2026, all export sales were to China.