v3.26.1
Concentrations
6 Months Ended
Jun. 30, 2026
Risks and Uncertainties [Abstract]  
Concentrations Concentrations
Concentration of Credit Risk. The Company’s customer base is concentrated with a relatively small number of customers. The Company does not generally require collateral or other security to support accounts receivable. To reduce credit risk, the Company performs ongoing credit evaluations on its customers’ financial condition. The Company establishes allowance for credit losses based upon factors surrounding the credit risk of customers, historical trends, and other information.
For the six months ended June 30, 2026 and 2025, the Company had three customers (all parts of the U.S. government) representing 81% and 70% of revenue earned, respectively. Any customer that represents 10% or greater of total revenue represents a risk. The Company also has three customers (all parts of the U.S. government) that represent 75% and 65% of the total accounts receivable as of June 30, 2026, and December 31, 2025, respectively.