Government Assistance |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Government Assistance | |
| Government Assistance | Note 11 – Government Assistance During 2022, the Company was awarded a research grant from the Department of Energy (“DOE”) for approximately $250 thousand with the completion of such grant occurring in March 2023. The purpose of the grant was to produce a research paper for a flexible fuel ultra-low NOx process burner capable of burning 100% hydrogen fuel. During 2023, the Company was awarded a Phase 2 grant from the DOE to continue developing this ultra-low NOx hydrogen burner. The Phase 2 grant amount totaled approximately $1.6 million over a two-year period. We completed the Phase 2 grant on May 27, 2026. These awards allow the Company to request reimbursements for expenditures such as labor, material, and administrative costs. During the three and six months ended June 30, 2026, the Company recognized $131 thousand and $159 thousand in reimbursements from the DOE, respectively. During the three and six months ended June 30, 2025, the Company recognized $43 thousand and $91 thousand in reimbursements from the DOE, respectively.
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