v3.26.1
Revenue
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The following table presents the components of our revenue:
Three months ended
June 30,
Six months ended June 30,
2026202520262025
Cost plus fixed fee$852,357 $2,075,566 $934,431 $2,240,822 
Firm fixed-price33,590 111,090 
Total$885,947 $2,075,566 $1,045,521 $2,240,822 
Our performance obligations under service agreements are generally satisfied over time as the service is provided and, therefore, all revenue above has been recognized over time.
Contract Balances – As of June 30, 2026, accounts receivable, net totaled $841,071. There were no allowances for credit losses included in accounts receivable as of June 30, 2026 and December 31, 2025. Bad debt expense was $0 for the three and six months ended June 30, 2026 and 2025.