v3.26.1
Note 12 - Significant Customers and Concentrations
 6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Concentration Risk Disclosure [Text Block]

NOTE 12 – SIGNIFICANT CUSTOMERS AND CONCENTRATIONS

 

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

 

  

For the Three Months

  

For the Six Months

 
  

Ended June 30,

  

Ended June 30,

 
  

2026

  

2025

  

2026

  

2025

 

Customer A

  19%  *%  10%  *%

Customer B

  *%  11%  *%  *%

Customer C

  *%  *%  *%  20%

 

* Zero or less than 10%

 

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

 

  

June 30,

  

December 31,

 
  

2026

  

2025

 

Customer A

  13%  *%

Customer B

  13%  11%

Customer C

  10%  22%

Customer D

  *%  18%
       
       
       

 

* Zero or less than 10%

 

As of June 30, 2026, approximately 87% of the Company’s assets were located in Denmark, 3% were located in China, and 10% 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.