v3.26.1
Concentrations
3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Concentrations [Abstract]    
CONCENTRATIONS

NOTE 17. CONCENTRATIONS

Credit Risk

The Company maintains its cash balances in financial institutions. The balances in the financial institutions are insured by the Federal Deposit Insurance Corporation up to $250,000. At times, the Company’s cash balances may be in excess of the insured limit.

Customer Concentrations

As of March 31, 2026, the Company had one major customer that accounted for approximately 100% of its revenues totaling $348,688 for the three month period ended March 31, 2026. The Company had one major customer that accounted for 100% of accounts receivable totaling $1,150,086 as of March 31, 2026. The Company had one customer that accounted for 100% of accounts receivable totaling $24,550,762 as of December 31, 2025.

Vendor Concentrations

As of March 31, 2026, the Company had two major vendors that accounted for approximately 38% of accounts payable as of March 31, 2026. As of December 31, 2025, the Company had four major vendors that accounted for approximately 71% of accounts payable. The Company expects to maintain these relationships with the vendors.

NOTE 17. CONCENTRATIONS

Credit Risk

The Company maintains its cash balances in financial institutions. The balances in the financial institutions are insured by the Federal Deposit Insurance Corporation up to $250,000. At times, the Company’s cash balances may be in excess of the insured limit.

Customer Concentrations

As of December 31, 2025, the Company had one major customer that accounted for approximately 100% of its revenues totaling $20,815,955 for the period ended December 31, 2025. The Company had one major customer that accounted for 100% of accounts receivable totaling $24,550,762 as of December 31, 2025. No revenue was recognized during the year ended December 31, 2024.

Vendor Concentrations

As of December 31, 2025, the Company had four major vendors that accounted for approximately 71% and $36,320,298 of accounts payable as of December 31, 2025. As of December 31, 2024, the Company had two major vendors that accounted for approximately 69% and $5,857,729 of accounts payable. The Company expects to maintain these relationships with the vendors.