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354000 325000 104000 499000 <p id="xdx_808_eus-gaap--BusinessDescriptionAndBasisOfPresentationTextBlock_zk9JDxrAZhy" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <b>(1) <span id="xdx_821_ztXFdDuDJkta">Basis of Presentation</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The accompanying unaudited consolidated condensed interim financial statements of Solésence, Inc. (“Solésence”, “Company”, “we”, “our”, or “us”) reflect all adjustments (consisting of normal recurring adjustments) which, in the opinion of management, are necessary for a fair statement of our financial position and operating results for the interim periods presented. All statements include the results from both Solésence, Inc. and our wholly-owned subsidiary, Solésence, LLC. Operating results for the three and six months ended June 30, 2026, are not necessarily indicative of the results that may be expected for the year ending December 31, 2026.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">These financial statements should be read in conjunction with our audited financial statements and notes thereto for the year ended December 31, 2025, included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the Securities and Exchange Commission.</span></p> <p id="xdx_80F_eus-gaap--NatureOfOperations_znLeOOKNaGQk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(2) <span id="xdx_82F_zmgqw6F1bOz">Description of Business</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Solésence, Inc. (“Solésence”, “Company”, “we”, “our”, or “us”) is a science- and technology-driven consumer health company which, along with its wholly owned subsidiary, Solésence, LLC (our “Solésence beauty science subsidiary”), is focused across beauty and health care markets.  Our skin health products are built on a platform of vertically-integrated, proprietary technologies with global patent protection, and currently comprise the majority of our business and drive our forward growth strategy.  Through working with selected customers (“clients,” “brand partners”), we offer skin health and beauty products infused with SPF protection and other key health claims as fully finished goods for sun care, skin care, color cosmetics, and scalp applications.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Our expertise in materials engineering enables us to create technologies that enhance protection against UV and environmental damage, quench free radicals that compromise skin health, and reduce the inflammatory response in human skin. While a few legacy products remain that are no longer considered strategic, all products, including with medical diagnostics, fall into the advanced materials product category.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">We target markets primarily related to beauty and consumer health where we believe our Solésence^® products offer practical and competitive solutions. We work closely with customers in these target markets to identify material and performance requirements that consumers prefer.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">During 2015 we were granted a patent on a new type of particle surface treatment (coating) — now called Active Stress Defense™ Technology — which became the cornerstone of our new product development in personal care, with first revenue recognized during 2016. Active Stress Defense™ now refers to a suite of proprietary technologies — Original Active Stress Defense™ and Kleair™ — which optimize zinc oxide, improving both its performance and aesthetics, to reimagine the consumer experience of skin health centered and SPF-infused beauty. As of 2026, our technology suite now also includes Blüm™, which reduces free radicals from HEV (blue) light; Chromalüm™, which works synergistically with the Active Stress Defense™ suite to enable state-of-the-art blue light protection and high sheer formulas; and WHSPR™, which maximizes allantoin’s soothing benefits in previously inaccessible product formats across skincare, sun care, makeup, and scalp care.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Our ongoing innovation efforts include new IP in areas that advance environmental protection, align with market needs, and complement our existing technologies. Through the creation of our Solésence beauty science subsidiary, we utilize our technology suite in the manufacture and sale of fully developed solutions to targeted customers in the skin care industry, typically in prestige skin care and cosmetics markets, in addition to the ingredients we have traditionally sold in the personal care area.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Although our primary strategic focus has been the North American market, we currently sell products to customers overseas. As part of our announced strategic initiative, Transform and Transcend, we have been working to expand our reach within foreign markets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On April 8, 2025, the Company’s securities were uplisted to Nasdaq trading under the symbol SLSN. Prior to listing on Nasdaq our common stock traded on the OTCQB marketplace under the symbol NANX.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">While product sales comprise the majority of our revenue, we also recognize revenue from other sources from time to time. These activities are not expected to drive the long-term growth of the business. For this reason, we classify such revenue as “other revenue” in our Consolidated Statements of Operations, as it does not represent revenue directly from the sale of our products.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Under SEC Release 33-10513; 34-83550, Amendments to Smaller Reporting Company Definition, the Company qualifies as a smaller reporting company and accordingly, it has scaled some of its disclosures of financial and non-financial information in this quarterly report. The Company will continue to determine whether to provide additional scaled disclosures of financial or non-financial information in future quarterly reports, annual reports and/or proxy statements if it remains a smaller reporting company under SEC rules. </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></p> <p id="xdx_80B_eus-gaap--RevenueFromContractWithCustomerTextBlock_zlb0LqyQd0Uj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <b>(3) <span id="xdx_824_zcJ8r8AGuHoj">Revenues and Other Income</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Revenues are recognized when control of the promised goods is transferred to customers, in an amount that reflects the consideration we expect to receive in exchange for those goods. When our ingredients and finished products are shipped, with control being transferred at the shipping point, this is the point in time at which we recognize the related revenue.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font: 10pt Times New Roman, Times, Serif"></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We generally expense sales commissions when incurred because the amortization period would have been one year or less. These costs are recorded within selling, general and administrative expenses. Customers’ deposits, deferred revenue and other receipts are deferred and recognized when the revenue is realized and earned.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_898_eus-gaap--ContractWithCustomerAssetAndLiabilityTableTextBlock_zxbYWE77a7dh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_8BE_zspL6F8UVYTl">Contract balances at June 30, 2026, December 31, 2025, and December 31, 2024 are as follows:</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 60%"> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">Accounts<br/> Receivable</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Contract<br/> Liabilities</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 33%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Balance, December 31, 2024</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--AccountsReceivableGrossCurrent_iI_pn3n3_c20241231_zxAwMzeW0elc" style="width: 10%; text-align: right">5,655</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--ContractWithCustomerLiability_iI_pn3n3_c20241231_zaWzfOzl92fe" style="width: 10%; text-align: right">5,571</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Balance, December 31, 2025</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--AccountsReceivableGrossCurrent_iI_pn3n3_c20251231_z33PyQGe5uda" style="text-align: right">7,642</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--ContractWithCustomerLiability_iI_pn3n3_c20251231_zPpujfDyXyj2" style="text-align: right">930</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Balance, June 30, 2026</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_985_eus-gaap--AccountsReceivableGrossCurrent_iI_pn3n3_c20260630_zZFcRELkyRLe" style="text-align: right" title="Accounts Receivable">10,240</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--ContractWithCustomerLiability_iI_pn3n3_c20260630_zr5qHS1E0hWj" style="text-align: right" title="Contract Liabilities">1,937</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> </table> <p id="xdx_8A3_zKVR7RJDVmEe" style="margin-top: 0; margin-bottom: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Revenue recognized in the reporting period that was included in the contract liability balance at the beginning of the period was <span id="xdx_90D_ecustom--ContractWithCustomerLiabilityRevenueRecognizedNet_pn3n3_c20260401__20260630_z6XStt6kUhn4" title="Revenue recognized included in contract liability balance at beginning of period">$306</span> and <span id="xdx_90D_ecustom--ContractWithCustomerLiabilityRevenueRecognizedNet_pn3n3_c20250401__20250630_ziAIP4mUP9Ma" title="Revenue recognized included in contract liability balance at beginning of period">$4,206</span> for the three months ended June 30, 2026 and 2025, respectively, and <span id="xdx_901_ecustom--ContractWithCustomerLiabilityRevenueRecognizedNet_pn3n3_c20260101__20260630_zZCR5jo5EHZ7" title="Revenue recognized included in contract liability balance at beginning of period">$630</span> and <span id="xdx_908_ecustom--ContractWithCustomerLiabilityRevenueRecognizedNet_pn3n3_c20250101__20250630_zrADIVTAopkk" title="Revenue recognized included in contract liability balance at beginning of period">$7,498</span> for the six months ended June 30, 2026 and 2025, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As part of the sales process, it is common for the Company to receive customer deposits. These deposits are typically held for less than a year and do not result in a financing component to the sales. The customer deposits are recognized as revenue when the Company ships the finished goods to the customer. Revenue is recognized when the goods are shipped.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company will for some customers arrange for the shipping of the finished goods. Revenues and costs associated with the shipment of the finished goods are recorded separately within product revenue and cost of revenue, respectively, on the consolidated statement of operations. With regard to revenue recognition, shipping activities that occur prior to the customers’ obtaining control of the goods are not a promised service to the customer, but rather activities to fulfill the Company’s promise to transfer the goods. As such, these activities are not deemed a performance obligation requiring allocation of the transaction price. Similarly, shipping activities that occur after the customers’ obtaining control of the goods are, as a matter of policy, also not a promised service to the customer, but rather an activity to fulfill the Company’s promise to transfer the goods.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other revenue typically includes fees that our customers pay for various required laboratory tests, and may also include revenue from technology license fees and paid development projects. Technology license fees and paid development projects are recognized over time when the obligations under the agreed upon contractual arrangements are performed on our part. Other revenue recognized over time was $<span id="xdx_90D_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_pn3n3_c20260401__20260630__srt--ProductOrServiceAxis__us-gaap--ProductAndServiceOtherMember__us-gaap--TimingOfTransferOfGoodOrServiceAxis__us-gaap--TransferredOverTimeMember_zRu8ZUSkBvl" title="Revenue">46</span> and $<span id="xdx_90C_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_pn3n3_c20250401__20250630__srt--ProductOrServiceAxis__us-gaap--ProductAndServiceOtherMember__us-gaap--TimingOfTransferOfGoodOrServiceAxis__us-gaap--TransferredOverTimeMember_z2EUcYID8Z5j" title="Revenue">98</span> for the three months ended June 30, 2026 and 2025, respectively, and $<span id="xdx_90F_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_pn3n3_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ProductAndServiceOtherMember__us-gaap--TimingOfTransferOfGoodOrServiceAxis__us-gaap--TransferredOverTimeMember_zI5gO2KSn82e" title="Revenue">85</span> and $<span id="xdx_909_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_pn3n3_c20250101__20250630__srt--ProductOrServiceAxis__us-gaap--ProductAndServiceOtherMember__us-gaap--TimingOfTransferOfGoodOrServiceAxis__us-gaap--TransferredOverTimeMember_z3EFOwr602Y7" title="Revenue">148</span> for the six months ended June 30, 2026 and 2025, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89E_eus-gaap--AccountsReceivableAllowanceForCreditLossTableTextBlock_zCVOeOt2wOUc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accounts receivable are carried at the original invoice amount, less an allowance for expected credit losses. We estimate the allowance for credit losses based on a review of outstanding receivables, including the age of the receivables, historical collection experience, specific customer collectability considerations, current conditions, and other relevant factors. In estimating expected credit losses for current trade receivables arising from contracts with customers, we have elected the practical expedient under ASU 2025-05 and assume that current conditions as of the balance sheet date do not change over the remaining life of the receivables. <span><span id="xdx_8B5_zapM3R6SYAMk">Receivables are written off when deemed uncollectible.</span></span> Recoveries of trade accounts receivable previously written off are recorded when received. Our typical credit terms are between thirty and sixty days from shipment and invoicing.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_497_20260101__20260630_znnFY2AzP8l4" style="font-weight: bold; text-align: center">June 30, <br/> 2026</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_49B_20250101__20251231_ziHn0AWYYhek" style="font-weight: bold; text-align: center">December 31,<br/> 2025</td><td style="font-weight: bold"> </td></tr> <tr id="xdx_404_eus-gaap--AllowanceForDoubtfulAccountsReceivableCurrent_iS_pn3n3_zOXKpcu9CGof" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 70%; text-align: justify; text-indent: 0.5in">Balance, beginning</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">806</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">786</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--ProvisionForDoubtfulAccounts_pn3n3_zqgtBgYL6H2g" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; text-indent: 0.5in; padding-left: 12pt">Current period provisions</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">116</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">836</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--AllowanceForDoubtfulAccountsReceivableWriteOffs_iN_pn3n3_di_zaec35b39J2a" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt; text-indent: 0.5in; padding-left: 12pt">Write offs</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(27</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(816</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_403_eus-gaap--AllowanceForDoubtfulAccountsReceivableCurrent_iE_pn3n3_z49NN0o9W4kd" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0.5in">Balance, ending</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">895</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">806</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A3_zYmX531xwqce" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p id="xdx_898_eus-gaap--ContractWithCustomerAssetAndLiabilityTableTextBlock_zxbYWE77a7dh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_8BE_zspL6F8UVYTl">Contract balances at June 30, 2026, December 31, 2025, and December 31, 2024 are as follows:</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 60%"> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">Accounts<br/> Receivable</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Contract<br/> Liabilities</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 33%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Balance, December 31, 2024</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--AccountsReceivableGrossCurrent_iI_pn3n3_c20241231_zxAwMzeW0elc" style="width: 10%; text-align: right">5,655</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--ContractWithCustomerLiability_iI_pn3n3_c20241231_zaWzfOzl92fe" style="width: 10%; text-align: right">5,571</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Balance, December 31, 2025</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--AccountsReceivableGrossCurrent_iI_pn3n3_c20251231_z33PyQGe5uda" style="text-align: right">7,642</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--ContractWithCustomerLiability_iI_pn3n3_c20251231_zPpujfDyXyj2" style="text-align: right">930</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Balance, June 30, 2026</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_985_eus-gaap--AccountsReceivableGrossCurrent_iI_pn3n3_c20260630_zZFcRELkyRLe" style="text-align: right" title="Accounts Receivable">10,240</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--ContractWithCustomerLiability_iI_pn3n3_c20260630_zr5qHS1E0hWj" style="text-align: right" title="Contract Liabilities">1,937</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> </table> 5655000 5571000 7642000 930000 10240000 1937000 306000 4206000 630000 7498000 46000 98000 85000 148000 <p id="xdx_89E_eus-gaap--AccountsReceivableAllowanceForCreditLossTableTextBlock_zCVOeOt2wOUc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accounts receivable are carried at the original invoice amount, less an allowance for expected credit losses. We estimate the allowance for credit losses based on a review of outstanding receivables, including the age of the receivables, historical collection experience, specific customer collectability considerations, current conditions, and other relevant factors. In estimating expected credit losses for current trade receivables arising from contracts with customers, we have elected the practical expedient under ASU 2025-05 and assume that current conditions as of the balance sheet date do not change over the remaining life of the receivables. <span><span id="xdx_8B5_zapM3R6SYAMk">Receivables are written off when deemed uncollectible.</span></span> Recoveries of trade accounts receivable previously written off are recorded when received. Our typical credit terms are between thirty and sixty days from shipment and invoicing.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-align: justify"> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_497_20260101__20260630_znnFY2AzP8l4" style="font-weight: bold; text-align: center">June 30, <br/> 2026</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_49B_20250101__20251231_ziHn0AWYYhek" style="font-weight: bold; text-align: center">December 31,<br/> 2025</td><td style="font-weight: bold"> </td></tr> <tr id="xdx_404_eus-gaap--AllowanceForDoubtfulAccountsReceivableCurrent_iS_pn3n3_zOXKpcu9CGof" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 70%; text-align: justify; text-indent: 0.5in">Balance, beginning</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">806</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">786</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--ProvisionForDoubtfulAccounts_pn3n3_zqgtBgYL6H2g" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; text-indent: 0.5in; padding-left: 12pt">Current period provisions</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">116</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">836</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--AllowanceForDoubtfulAccountsReceivableWriteOffs_iN_pn3n3_di_zaec35b39J2a" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt; text-indent: 0.5in; padding-left: 12pt">Write offs</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(27</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(816</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_403_eus-gaap--AllowanceForDoubtfulAccountsReceivableCurrent_iE_pn3n3_z49NN0o9W4kd" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0.5in">Balance, ending</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">895</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">806</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 806000 786000 116000 836000 27000 816000 895000 806000 <p id="xdx_802_eus-gaap--EarningsPerShareTextBlock_ztkpkqr3mkka" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(4) <span id="xdx_820_zOIwoTgAeG9a">Earnings per Share</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Options to purchase <span id="xdx_90D_eus-gaap--WeightedAverageNumberDilutedSharesOutstandingAdjustment_pid_uShares_c20260401__20260630_ze1sM7AUkHI6" title="Potential common stock included in computation of diluted earnings per share">1,074,074</span> and <span id="xdx_900_eus-gaap--WeightedAverageNumberDilutedSharesOutstandingAdjustment_pid_uShares_c20260101__20260630_zmh8uTsRIvM4" title="Potential common stock included in computation of diluted earnings per share">1,082,666</span> shares of common stock that were outstanding as of June 30, 2026 were included in the computation of diluted earnings per share for the three and six months ended June 30, 2026, respectively. Options to purchase approximately <span id="xdx_90E_eus-gaap--WeightedAverageNumberDilutedSharesOutstandingAdjustment_pid_uShares_c20250401__20250630_zWceWK93A738" title="Potential common stock included in computation of diluted earnings per share">2,348,780</span> and <span id="xdx_900_eus-gaap--WeightedAverageNumberDilutedSharesOutstandingAdjustment_pid_uShares_c20250101__20250630_zZ2uzIwOfNme" title="Potential common stock included in computation of diluted earnings per share">2,345,901</span> shares of common stock that were outstanding as of June 30, 2025 were included in the computation of diluted earnings per share for the three and six months ended June 30, 2025, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font: 10pt Times New Roman, Times, Serif"></span></p> <p id="xdx_890_eus-gaap--ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_zLpFnzZGMfNj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_8BB_zXTubh2mIGXc">Earnings applicable to common stock and common stock shares used in the calculation of basic and diluted earnings per share are as follows:</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="padding-left: 9pt; width: 40%; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_493_20260401__20260630_zN7nk3Uyawcc" style="border-bottom: black 1pt solid; width: 11%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_498_20250401__20250630_zMNXsKUKBL8e" style="border-bottom: black 1pt solid; width: 10%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_49A_20260101__20260630_zyx8ba75d7B8" style="border-bottom: black 1pt solid; width: 11%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_492_20250101__20250630_zYodREUvsU5g" style="border-bottom: black 1pt solid; width: 10%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 7%; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Three months ended June 30,</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Six months ended June 30,</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td style="padding-bottom: 1pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td> <td style="padding-bottom: 1pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td style="padding-bottom: 1pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_406_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasicAbstract_iB_zNxlVDzoyxY3" style="vertical-align: bottom"> <td style="padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Numerator: (in Thousands)</span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_40A_eus-gaap--NetIncomeLoss_i01_pn3n3_z2U2Q0Et7pYb" style="vertical-align: bottom"> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net income (loss)</span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(158</span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt">)<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right">3,233</td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right">(1,120</td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt">)<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right">3,577</td> <td style="padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: white; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_40E_eus-gaap--WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract_iB_zJiGIqwwMpWe" style="vertical-align: bottom"> <td style="background-color: #CCEEFF; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Denominator:</span></span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_404_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_i01_pid_uShares_maEPS_zqE9SlY2Iz7k" style="vertical-align: bottom"> <td style="background-color: white; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Weighted average number of basic shares outstanding</span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">70,637,199</span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">70,200,039</span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">70,631,380</span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">70,151,928</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_402_eus-gaap--IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_i01_pid_uShares_maEPS_zy3jrJDtt1ke" style="vertical-align: bottom"> <td style="background-color: #CCEEFF; padding-bottom: 1pt; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Weighted average additional shares assuming conversion of in-the-money stock options to common shares and assumed repurchase of common shares by the Company</span></td> <td style="background-color: #CCEEFF; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; background-color: #CCEEFF; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0587">—</span></td> <td style="background-color: #CCEEFF; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,380,640</span></td> <td style="background-color: #CCEEFF; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; background-color: #CCEEFF; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0589">—</span></td> <td style="background-color: #CCEEFF; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,346,001</span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_406_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_i01T_pid_uShares_mtEPS_z3u3qP5BKFnb" style="vertical-align: bottom"> <td style="background-color: white; padding-bottom: 2.5pt; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Weighted average number of diluted common shares outstanding</span></td> <td style="background-color: white; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">70,637,199</span></td> <td style="background-color: white; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">72,580,679</span></td> <td style="background-color: white; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">70,631,380</span></td> <td style="background-color: white; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">72,497,929</span></td> <td style="padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #CCEEFF; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_40D_eus-gaap--EarningsPerShareBasicAbstract_iB_zRzs673ZKPdg" style="vertical-align: bottom"> <td style="background-color: white; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Basic earnings per common share:</span></span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net income (loss) per share – basic</span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_986_eus-gaap--EarningsPerShareBasic_i01_pp2p0_c20260401__20260630_zwF6uwot7oh3" style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right" title="Net (loss) income per share - basic"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(0.00</span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt">)<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_982_eus-gaap--EarningsPerShareBasic_i01_pp2p0_c20250401__20250630_zQEnrY7LGELi" style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right" title="Net (loss) income per share - basic"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.04</span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_986_eus-gaap--EarningsPerShareBasic_i01_pp2p0_c20260101__20260630_ztobspHxyoJ2" style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right" title="Net (loss) income per share - basic"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(0.02</span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt">)<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_98B_eus-gaap--EarningsPerShareBasic_i01_pp2p0_c20250101__20250630_zJbSZF8nNrg1" style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right" title="Net (loss) income per share - basic"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.05</span></td> <td style="padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_40D_eus-gaap--EarningsPerShareDilutedAbstract_iB_zNQw1D8CuR7a" style="vertical-align: bottom"> <td style="background-color: white; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Diluted earnings per common share:</span></span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net income (loss) per share – diluted</span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_98A_eus-gaap--EarningsPerShareDiluted_i01_pp2p0_c20260401__20260630_zrukU1ujVxC" style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right" title="Net (loss) income per share - diluted"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(0.00</span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt">)<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_986_eus-gaap--EarningsPerShareDiluted_i01_pp2p0_c20250401__20250630_zfHRGT7vYVBl" style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right" title="Net (loss) income per share - diluted"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.04</span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_989_eus-gaap--EarningsPerShareDiluted_i01_pp2p0_c20260101__20260630_zgySRzybvYll" style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right" title="Net (loss) income per share - diluted"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(0.02</span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt">)<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_98E_eus-gaap--EarningsPerShareDiluted_i01_pp2p0_c20250101__20250630_z1IHTUL86jsa" style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right" title="Net (loss) income per share - diluted"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.05</span></td> <td style="padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> </table> <p id="xdx_8A3_zXFeUhiFwcwk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> 1074074 1082666 2348780 2345901 <p id="xdx_890_eus-gaap--ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_zLpFnzZGMfNj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_8BB_zXTubh2mIGXc">Earnings applicable to common stock and common stock shares used in the calculation of basic and diluted earnings per share are as follows:</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="padding-left: 9pt; width: 40%; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_493_20260401__20260630_zN7nk3Uyawcc" style="border-bottom: black 1pt solid; width: 11%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_498_20250401__20250630_zMNXsKUKBL8e" style="border-bottom: black 1pt solid; width: 10%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_49A_20260101__20260630_zyx8ba75d7B8" style="border-bottom: black 1pt solid; width: 11%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_492_20250101__20250630_zYodREUvsU5g" style="border-bottom: black 1pt solid; width: 10%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 7%; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Three months ended June 30,</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Six months ended June 30,</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td style="padding-bottom: 1pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td> <td style="padding-bottom: 1pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td style="padding-bottom: 1pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_406_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasicAbstract_iB_zNxlVDzoyxY3" style="vertical-align: bottom"> <td style="padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Numerator: (in Thousands)</span></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_40A_eus-gaap--NetIncomeLoss_i01_pn3n3_z2U2Q0Et7pYb" style="vertical-align: bottom"> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net income (loss)</span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(158</span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt">)<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right">3,233</td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right">(1,120</td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt">)<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right">3,577</td> <td style="padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: white; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_40E_eus-gaap--WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract_iB_zJiGIqwwMpWe" style="vertical-align: bottom"> <td style="background-color: #CCEEFF; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Denominator:</span></span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_404_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_i01_pid_uShares_maEPS_zqE9SlY2Iz7k" style="vertical-align: bottom"> <td style="background-color: white; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Weighted average number of basic shares outstanding</span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">70,637,199</span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">70,200,039</span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">70,631,380</span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">70,151,928</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_402_eus-gaap--IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_i01_pid_uShares_maEPS_zy3jrJDtt1ke" style="vertical-align: bottom"> <td style="background-color: #CCEEFF; padding-bottom: 1pt; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Weighted average additional shares assuming conversion of in-the-money stock options to common shares and assumed repurchase of common shares by the Company</span></td> <td style="background-color: #CCEEFF; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; background-color: #CCEEFF; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0587">—</span></td> <td style="background-color: #CCEEFF; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,380,640</span></td> <td style="background-color: #CCEEFF; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; background-color: #CCEEFF; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0589">—</span></td> <td style="background-color: #CCEEFF; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,346,001</span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_406_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_i01T_pid_uShares_mtEPS_z3u3qP5BKFnb" style="vertical-align: bottom"> <td style="background-color: white; padding-bottom: 2.5pt; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Weighted average number of diluted common shares outstanding</span></td> <td style="background-color: white; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">70,637,199</span></td> <td style="background-color: white; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">72,580,679</span></td> <td style="background-color: white; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">70,631,380</span></td> <td style="background-color: white; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">72,497,929</span></td> <td style="padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #CCEEFF; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_40D_eus-gaap--EarningsPerShareBasicAbstract_iB_zRzs673ZKPdg" style="vertical-align: bottom"> <td style="background-color: white; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Basic earnings per common share:</span></span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net income (loss) per share – basic</span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_986_eus-gaap--EarningsPerShareBasic_i01_pp2p0_c20260401__20260630_zwF6uwot7oh3" style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right" title="Net (loss) income per share - basic"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(0.00</span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt">)<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_982_eus-gaap--EarningsPerShareBasic_i01_pp2p0_c20250401__20250630_zQEnrY7LGELi" style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right" title="Net (loss) income per share - basic"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.04</span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_986_eus-gaap--EarningsPerShareBasic_i01_pp2p0_c20260101__20260630_ztobspHxyoJ2" style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right" title="Net (loss) income per share - basic"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(0.02</span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt">)<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_98B_eus-gaap--EarningsPerShareBasic_i01_pp2p0_c20250101__20250630_zJbSZF8nNrg1" style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right" title="Net (loss) income per share - basic"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.05</span></td> <td style="padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_40D_eus-gaap--EarningsPerShareDilutedAbstract_iB_zNQw1D8CuR7a" style="vertical-align: bottom"> <td style="background-color: white; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Diluted earnings per common share:</span></span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net income (loss) per share – diluted</span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_98A_eus-gaap--EarningsPerShareDiluted_i01_pp2p0_c20260401__20260630_zrukU1ujVxC" style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right" title="Net (loss) income per share - diluted"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(0.00</span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt">)<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_986_eus-gaap--EarningsPerShareDiluted_i01_pp2p0_c20250401__20250630_zfHRGT7vYVBl" style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right" title="Net (loss) income per share - diluted"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.04</span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_989_eus-gaap--EarningsPerShareDiluted_i01_pp2p0_c20260101__20260630_zgySRzybvYll" style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right" title="Net (loss) income per share - diluted"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(0.02</span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt">)<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: #CCEEFF; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_98E_eus-gaap--EarningsPerShareDiluted_i01_pp2p0_c20250101__20250630_z1IHTUL86jsa" style="border-bottom: black 2.25pt double; background-color: #CCEEFF; text-align: right" title="Net (loss) income per share - diluted"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.05</span></td> <td style="padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> </table> -158000 3233000 -1120000 3577000 70637199 70200039 70631380 70151928 2380640 2346001 70637199 72580679 70631380 72497929 -0.00 0.04 -0.02 0.05 -0.00 0.04 -0.02 0.05 <p id="xdx_802_eus-gaap--FinancialInstrumentsDisclosureTextBlock_zQUlfyP7sIU8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(5) <span id="xdx_827_zapPmueqJUe7">Financial Instruments</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We follow ASC Topic 820, <i>Fair Value Measurements and Disclosures</i>, which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. The fair value framework requires the categorization of assets and liabilities into three levels based upon the assumptions (inputs) used to price the assets or liabilities. Level 1 provides the most reliable measure of fair value, whereas Level 3 generally requires significant management judgment.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Our financial instruments include cash, accounts receivable, net, accounts payable and accrued expenses, along with any short-term and long-term borrowings as described in Note 6. The carrying values of cash, accounts receivable, net, and accounts payable and accrued expenses are reasonable estimates of their fair value due to the short-term nature of these accounts. The fair value of short-term and long-term debt approximates carrying value based on comparison of terms to similar debt offerings in the marketplace.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">There were no financial instruments adjusted to fair value on June 30, 2026 and December 31, 2025.</span></p> <p id="xdx_803_eus-gaap--DebtDisclosureTextBlock_zobvurNBgWM7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(6) <span id="xdx_826_zQZdlAyr1NS6">Related Party Notes and Lines of Credit</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_898_eus-gaap--ScheduleOfLineOfCreditFacilitiesTextBlock_zPVMWLnUcNwb" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_8BB_zSQtt2x48kd9">Notes and lines of credit consist of the following: </span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="14" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>As of June 30, 2026</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>As of December 31, 2025</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Rate at June 30, 2026</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Total Borrowing Capacity</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Outstanding Borrowed Balance</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Total Borrowing Capacity</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Outstanding Borrowed Balance</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: top; width: 33%; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Libertyville Bank &amp; Trust ⁽¹⁾</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_986_eus-gaap--RelatedPartyTransactionRate_pid_dp_uPure_c20260101__20260630__us-gaap--CreditFacilityAxis__custom--LibertyvilleBankAndTrustMember_fKDEp_zeNSB4b7NKLk" style="vertical-align: bottom; width: 12%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.75</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_984_eus-gaap--LineOfCreditFacilityCurrentBorrowingCapacity_iI_c20260630__us-gaap--CreditFacilityAxis__custom--LibertyvilleBankAndTrustMember_fKDEp_zaop3YkTNNDb" style="vertical-align: bottom; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">30</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_981_eus-gaap--LineOfCredit_iI_c20260630__us-gaap--CreditFacilityAxis__custom--LibertyvilleBankAndTrustMember_fKDEp_z596CMzjiqW3" style="vertical-align: bottom; width: 11%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0630">—</span></span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$ </span></td> <td id="xdx_988_eus-gaap--LineOfCreditFacilityCurrentBorrowingCapacity_iI_c20251231__us-gaap--CreditFacilityAxis__custom--LibertyvilleBankAndTrustMember_fKDEp_zFpcTRgPCsvh" style="vertical-align: top; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">30</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_988_eus-gaap--LineOfCredit_iI_c20251231__us-gaap--CreditFacilityAxis__custom--LibertyvilleBankAndTrustMember_fKDEp_zaPJ5qo59OWc" style="vertical-align: top; width: 11%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0632">—</span></span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr> <td style="vertical-align: top; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Libertyville Bank &amp; Trust ⁽²⁾</span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98D_eus-gaap--RelatedPartyTransactionRate_pid_dp_uPure_c20260101__20260630__us-gaap--CreditFacilityAxis__custom--LibertyvilleBankAndTrustOneMember_fKDIp_z6pMaNt9n6Kl" style="vertical-align: bottom; background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.75</span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_988_eus-gaap--LineOfCreditFacilityCurrentBorrowingCapacity_iI_c20260630__us-gaap--CreditFacilityAxis__custom--LibertyvilleBankAndTrustOneMember_fKDIp_z3kMcHOo0c4" style="vertical-align: bottom; background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">500</span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98D_eus-gaap--LineOfCredit_iI_c20260630__us-gaap--CreditFacilityAxis__custom--LibertyvilleBankAndTrustOneMember_fKDIp_zreFymM7mUkk" style="vertical-align: bottom; background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0635">—</span></span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_983_eus-gaap--LineOfCreditFacilityCurrentBorrowingCapacity_iI_c20251231__us-gaap--CreditFacilityAxis__custom--LibertyvilleBankAndTrustOneMember_fKDIp_zFdPKrvg0mia" style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">500</span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98D_eus-gaap--LineOfCredit_iI_c20251231__us-gaap--CreditFacilityAxis__custom--LibertyvilleBankAndTrustOneMember_fKDIp_zUHtES0cWvek" style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0637">—</span></span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: top; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Beachcorp, LLC ⁽³⁾</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98B_eus-gaap--RelatedPartyTransactionRate_pid_dp_uPure_c20260101__20260630__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCMember_fKDMp_zSQUBneQYpUj" style="vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.50</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_980_eus-gaap--LineOfCreditFacilityCurrentBorrowingCapacity_iI_c20260630__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCMember_fKDMp_z8cw3dxe4Kij" style="vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">9,504</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98C_eus-gaap--LineOfCredit_iI_c20260630__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCMember_fKDMp_zvzXz9NFWRXc" style="vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,787</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98E_eus-gaap--LineOfCreditFacilityCurrentBorrowingCapacity_iI_c20251231__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCMember_fKDMp_znakNIxEWXHk" style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">6,236</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_982_eus-gaap--LineOfCredit_iI_c20251231__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCMember_fKDMp_zVeGjv5C14Zh" style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,767</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr> <td style="vertical-align: top; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Beachcorp, LLC ⁽⁴⁾</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_984_eus-gaap--RelatedPartyTransactionRate_pid_dp_uPure_c20260101__20260630__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCOneMember_fKDQp_zNTd3nGJPT7d" style="vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.50</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_981_eus-gaap--LineOfCreditFacilityCurrentBorrowingCapacity_iI_c20260630__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCOneMember_fKDQp_zuFFInitn4Ve" style="vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10,000</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98F_eus-gaap--LineOfCredit_iI_c20260630__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCOneMember_fKDQp_z5glhDQrwZR5" style="vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">9,500</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_984_eus-gaap--LineOfCreditFacilityCurrentBorrowingCapacity_iI_c20251231__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCOneMember_fKDQp_zZdj0dqPbK3i" style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10,000</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98C_eus-gaap--LineOfCredit_iI_c20251231__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCOneMember_fKDQp_zAxq1ojBheA8" style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">9,500</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: top; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Strandler, LLC   ⁽⁵⁾</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_984_eus-gaap--RelatedPartyTransactionRate_pid_dp_uPure_c20260101__20260630__us-gaap--CreditFacilityAxis__custom--StrandlerLLCMember_fKDUp_zFIrNzot2bSi" style="vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.50</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_989_eus-gaap--LineOfCreditFacilityCurrentBorrowingCapacity_iI_c20260630__us-gaap--CreditFacilityAxis__custom--StrandlerLLCMember_fKDUp_zA03xnmSx5se" style="vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,000</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_988_eus-gaap--LineOfCredit_iI_c20260630__us-gaap--CreditFacilityAxis__custom--StrandlerLLCMember_fKDUp_zEB0YuSUoPIl" style="vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,000</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_983_eus-gaap--LineOfCreditFacilityCurrentBorrowingCapacity_iI_c20251231__us-gaap--CreditFacilityAxis__custom--StrandlerLLCMember_fKDUp_zZOw5SjyvZK3" style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,000</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98E_eus-gaap--LineOfCredit_iI_c20251231__us-gaap--CreditFacilityAxis__custom--StrandlerLLCMember_fKDUp_zZvcvVCghZc5" style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,000</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> </table> <p style="margin-top: 0; margin-bottom: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top"> <td style="width: 0.5in"></td><td style="width: 0.25in"><span id="xdx_F0C_zeILK1Op9mbl" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1)</span></td><td style="text-align: justify"><span id="xdx_F12_zpsHSpe38KW3" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Since July 2014, we have maintained a bank-issued letter of credit for up to $<span id="xdx_90F_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20140731__us-gaap--CreditFacilityAxis__us-gaap--LetterOfCreditMember_zCZyHVHevIOa">30</span> in borrowings, with interest at the <span id="xdx_902_eus-gaap--DebtInstrumentDescriptionOfVariableRateBasis_c20140701__20140731__us-gaap--ShortTermDebtTypeAxis__us-gaap--LetterOfCreditMember_zCxfBQxLLkl7" title="Variable interest rate basis">prime rate</span> plus <span id="xdx_901_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pii_dp_uPure_c20140701__20140731__us-gaap--ShortTermDebtTypeAxis__us-gaap--LetterOfCreditMember_ztCWOnV4RAed" title="Basis spread variable interest rate">1</span>%, to support our obligations under our Romeoville, Illinois facility lease agreement. No borrowings have been incurred under this promissory note. It is our intention to renew this note annually. Because there were no amounts outstanding on the note at any time during 2026 or 2025, we have recorded no related liability on our condensed consolidated balance sheet.</span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top"> <td style="width: 0.5in"></td><td style="width: 0.25in"><span id="xdx_F04_zK0QAmgbXqte" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2)</span></td><td style="text-align: justify"><span id="xdx_F17_zh38SUCfjbY4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On December 21, 2021, the existing credit agreement with Libertyville was converted for use to support our obligations under our newly leased manufacturing and warehouse space in Bolingbrook, Illinois. Interest on drawn balances will be at the <span id="xdx_906_eus-gaap--DebtInstrumentDescriptionOfVariableRateBasis_c20210101__20211221__us-gaap--ShortTermDebtTypeAxis__us-gaap--LetterOfCreditMember_zorX2phQXpV8" title="Variable interest rate basis">prime rate</span> plus <span id="xdx_903_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20210101__20211221__us-gaap--ShortTermDebtTypeAxis__us-gaap--LetterOfCreditMember_zRnTLr91LFOa" title="Basis spread variable interest rate">1</span>%. This credit agreement has a maturity of <span id="xdx_906_eus-gaap--DebtInstrumentMaturityDate_c20210101__20211221__us-gaap--ShortTermDebtTypeAxis__us-gaap--LetterOfCreditMember_zQdxhfDOF9p4" title="Maturity date">December 22, 2026</span>. We expect to renew this agreement annually, as the lease requires. This credit agreement is secured by all the unencumbered assets of the Company and has superior collateral rights to those credit facilities with Beachcorp, LLC and Strandler, LLC.</span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top"> <td style="width: 0.5in"></td><td style="width: 0.25in"><span id="xdx_F05_z2lqvo1g9eVd" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3)</span></td><td style="text-align: justify"><span id="xdx_F11_zcK1uDvi6R63" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On January 28, 2022, the Company entered into an Amended and Restated Business Loan Agreement (the “A&amp;R Loan Agreement”), which amends and restates the Master Agreement between the Company and Beachcorp, LLC, and a new promissory note in order to evidence the A/R Revolver facility, including an amendment to expand the limit on the A/R Revolver Facility from $<span id="xdx_908_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20220126__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__us-gaap--RevolvingCreditFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zPYcvO5MNJKb" title="Line of Credit Facility, Maximum Borrowing Capacity">6,000</span> to $<span id="xdx_904_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20220128__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__us-gaap--RevolvingCreditFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zcvgCbKSaGh3" title="Line of Credit Facility, Maximum Borrowing Capacity">8,000</span>, reduce the interest rate to the <span id="xdx_90D_eus-gaap--DebtInstrumentDescriptionOfVariableRateBasis_c20220127__20220128__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__us-gaap--RevolvingCreditFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zJYj4Wn7OJEh" title="Debt Instrument, Description of Variable Rate Basis">prime rate</span> plus <span id="xdx_903_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20220127__20220128__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__us-gaap--RevolvingCreditFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zaQvuA6IRBe9" title="Debt Instrument, Basis Spread on Variable Rate">0.75</span>%, and extend the maturity of the A/R Revolver Facility to <span id="xdx_90E_eus-gaap--LineOfCreditFacilityExpirationDate1_c20220127__20220128__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__us-gaap--RevolvingCreditFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zIBV2gxvMuX9" title="Line of Credit Facility, Expiration Date">March 31, 2024</span>. On March 1, 2024, the Company entered into a Second Amendment to the Amended and Restated Business Loan Agreement extending the maturity of the A/R Revolver Facility to <span id="xdx_90C_eus-gaap--LineOfCreditFacilityExpirationDate1_c20240229__20240301__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__us-gaap--RevolvingCreditFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_z8PJIa46TM89" title="Line of Credit Facility, Expiration Date">October 1, 2025</span>. On May 27, 2025, the Company entered into a Third Amendment to the Amended and Restated Business Loan Agreement to expand the limit on the A/R Revolver Facility from $<span id="xdx_900_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20250525__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__us-gaap--RevolvingCreditFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_ztSIKri4NB5a" title="Line of Credit Facility, Maximum Borrowing Capacity">8,000</span> to $<span id="xdx_900_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20250527__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__us-gaap--RevolvingCreditFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_z5qkHDtSHL84" title="Line of Credit Facility, Maximum Borrowing Capacity">12,000</span>, and extend its maturity to <span id="xdx_908_eus-gaap--LineOfCreditFacilityExpirationDate1_c20250526__20250527__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__us-gaap--RevolvingCreditFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zMLsu1SNNdY7" title="Line of Credit Facility, Expiration Date">April 30, 2027</span>.</span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font: 10pt Times New Roman, Times, Serif"></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt; background-color: white"><tr style="vertical-align: top"> <td style="width: 0.5in"></td><td style="width: 0.25in"><span id="xdx_F01_zXJJS6gmBRE8" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4)</span></td><td style="text-align: justify"><span id="xdx_F11_zbIRZqUkPCCc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On January 28, 2022, the Company entered into the A&amp;R Loan Agreement and a new revolving loan agreement (“Inventory Facility”) with Beachcorp, LLC, and a new promissory note in order to evidence the Inventory Facility. The maximum borrowing amount under the Inventory Facility was $<span id="xdx_90B_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20220128__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--InventoryFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zXOUKF7u4WDc" title="Line of Credit Facility, Maximum Borrowing Capacity">4,000</span>, with a borrowing base consisting of up to <span id="xdx_90C_ecustom--LineOfCreditPercentageOfEligibleInventory_pid_dp_uPure_c20220127__20220128__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--InventoryFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zF9raKYAs8l9">50</span>% of the value of qualified inventory of the Company. The interest rate for the Inventory Revolver is at the <span id="xdx_901_eus-gaap--DebtInstrumentDescriptionOfVariableRateBasis_c20220127__20220128__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--InventoryFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zEkAx0Ukk2gk">prime rate</span> plus <span id="xdx_903_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20220127__20220128__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--InventoryFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zAP2quIRyBUi">0.75</span>%, and it was set to mature on <span id="xdx_902_eus-gaap--LineOfCreditFacilityExpirationDate1_c20220127__20220128__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--InventoryFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zaWpE3mFbmLb">March 31, 2024</span>. On November 13, 2023, the Company entered into a Replacement Promissory Note with Beachcorp, LLC replacing the Inventory Facility promissory note executed on January 28, 2022. The maximum borrowing amount under the replacement Inventory Facility was increased to $<span id="xdx_906_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20231113__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--ReplacementPromissoryNoteMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zHleD0QxwKX7">5,200</span>, with a borrowing base consisting of up to <span id="xdx_90C_ecustom--LineOfCreditPercentageOfEligibleInventory_pid_dp_uPure_c20231112__20231113__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--ReplacementPromissoryNoteMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_z46BYcEuc3de">55</span>% of the value of qualified inventory of the Company. The interest rate for the replacement Inventory Revolver remains at the <span id="xdx_905_eus-gaap--DebtInstrumentDescriptionOfVariableRateBasis_c20231112__20231113__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--ReplacementPromissoryNoteMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_z7o2dnM2YhB5">prime rate</span> plus <span id="xdx_905_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20231112__20231113__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--ReplacementPromissoryNoteMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zmQfMxAqoz36">0.75</span>%. On March 1, 2024, the company entered into a Second Amendment to the Business Loan Agreement extending the maturity of the Inventory Revolver Facility to <span id="xdx_902_eus-gaap--LineOfCreditFacilityExpirationDate1_c20240229__20240301__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--ReplacementPromissoryNoteMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_z27tkEZQEj9g">October 1, 2025</span>. On May 27, 2025, the Company entered into a Third Amendment to the Business Loan Agreement to expand the limit on the Inventory Revolver Facility from $<span id="xdx_903_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20250525__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--ReplacementPromissoryNoteMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zvwbSbacSZxb" title="Line of Credit Facility, Maximum Borrowing Capacity">5,200</span> to $<span id="xdx_907_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20250527__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--ReplacementPromissoryNoteMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zkFATuYXrlNb" title="Line of Credit Facility, Maximum Borrowing Capacity">10,000</span>, and extend its maturity to <span id="xdx_90A_eus-gaap--LineOfCreditFacilityExpirationDate1_c20250526__20250527__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--ReplacementPromissoryNoteMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zvb8UCuI7dX9">April 30, 2027</span>. As described below in Note 11 (Restatement of Previously Issued Consolidated Financial Statements), the Company recently identified errors in its historical accounting for labor and overhead included in inventories.  As a result, inventories were overstated in past borrowing base calculations under the Inventory Facility.  Effective August 17, 2026, Beachcorp, LLC provided a waiver of all breaches and defaults under the Inventory Facility as a result of the foregoing up to a maximum of <span id="xdx_900_ecustom--OverstatedInventoryMaximumWaiver_iI_pin3_c20260817__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--InventoryFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_z9H73ZyoHiib" title="Overstated inventory maximum waiver">$3,000</span> in overstated inventory. The Company does not expect there to be any prospective impact on the compliance or availability of the Inventory Facility.</span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt; background-color: white"><tr style="vertical-align: top"> <td style="width: 0.5in"></td><td style="width: 0.25in"><span id="xdx_F09_zIKin5kanwV4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5)</span></td><td style="text-align: justify"><span id="xdx_F16_zg46gbdexUJ7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On January 28, 2022, the Company entered into an additional Business Loan Agreement (the “New Term Loan Agreement”) with Strandler, LLC, which effectively transferred or assigned the Term Loan to Strandler, LLC from Beachcorp, LLC. Interest on the New Term Loan is at the <span id="xdx_905_eus-gaap--DebtInstrumentDescriptionOfVariableRateBasis_c20220127__20220128__us-gaap--CreditFacilityAxis__custom--TermLoanMember__srt--CounterpartyNameAxis__custom--StrandlerLLCMember_zhYM6r3FbXBl">prime rate</span> plus <span id="xdx_909_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20220127__20220128__us-gaap--CreditFacilityAxis__custom--TermLoanMember__srt--CounterpartyNameAxis__custom--StrandlerLLCMember_zyxqZa0GhJm6">0.75</span>%. Strandler, LLC is also an affiliate of Bradford T. Whitmore. On March 1, 2024, the company entered into a Second Amendment to the Business Loan Agreement extending the maturity of the Term Maturity Note to <span id="xdx_90A_eus-gaap--LineOfCreditFacilityExpirationDate1_c20240229__20240301__us-gaap--CreditFacilityAxis__custom--TermLoanMember__srt--CounterpartyNameAxis__custom--StrandlerLLCMember_zrvwqsFTzP9b">October 1, 2025</span>. On May 27, 2025, the Company entered into a Third Amendment to the Business Loan Agreement extending the maturity of the Term Maturity Note to <span id="xdx_908_eus-gaap--LineOfCreditFacilityExpirationDate1_c20250526__20250527__us-gaap--CreditFacilityAxis__custom--TermLoanMember__srt--CounterpartyNameAxis__custom--StrandlerLLCMember_zRLxU3yEqg29">April 30, 2027</span>.</span></td></tr></table> <p id="xdx_8A1_zDqqwZiIlBcb" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 4.5pt; text-align: justify; text-indent: 31.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company classifies the line of credit – accounts receivable as current because we are required to pay back the borrowings as cash is received from our customers. The Company’s remaining debt is presented within the Consolidated Balance Sheet as of June 30, 2026, and December 31, 2025, in accordance with the maturity dates in the financing agreements. The Company’s loan agreements with Strandler, LLC and Beachcorp, LLC currently are set to expire on April 30, 2027, which could become an operating risk if we are not able to refinance or extend the maturity dates. It is the Company’s intention to refinance or extend the maturity dates for the debt held with Strandler, LLC and Beachcorp, LL</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 4.5pt; text-align: justify; text-indent: 31.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Beachcorp, LLC and Strandler, LLC are affiliates of Mr. Bradford T. Whitmore, who beneficially owns a majority of the Company’s common stock and is the brother of Ms. R. Janet Whitmore, a director of the Company and the chair of the Company’s board of directors. The A/R Revolver Facility, the Inventory Facility and the New Term Loan are all secured by all the unencumbered assets of the Company and subordinated to the Company’s credit facility with Libertyville Bank &amp; Trust.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89B_eus-gaap--ScheduleOfRelatedPartyTransactionsTableTextBlock_z6CqvfkhTsQ7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Related party interest expense consists of the following:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 48%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 10%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 10%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 10%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 10%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Three months ended June 30,</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Six months ended June 30,</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest expense, related parties</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_98E_eus-gaap--InterestExpense_c20260401__20260630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_zXkqexkPi3B8" style="text-align: right" title="Interest expense"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">279</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_985_eus-gaap--InterestExpense_c20250401__20250630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_zdnUUQ1x4w2e" style="text-align: right" title="Interest expense"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">282</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_98B_eus-gaap--InterestExpense_c20260101__20260630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_zbScl6ycwja2" style="text-align: right" title="Interest expense"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">542</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_987_eus-gaap--InterestExpense_c20250101__20250630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_zYlsNKFTaUuk" style="text-align: right" title="Interest expense"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">458</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accrued interest consists of the following:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>As of</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>June 30, 2026</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>December 31, 2025</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="width: 60%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 17%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 17%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accrued interest expense, related parties</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_98E_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_pn3n3_c20260630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_ztq9dsgTpYD7" style="vertical-align: top; text-align: right" title="Accrued interest expense"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">90</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_989_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_pn3n3_c20251231__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_zFMm1Cb1ceYb" style="vertical-align: bottom; text-align: right" title="Accrued interest expense"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">81</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Outstanding balances associated with related parties are as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>June 30, 2026</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>December 31, 2025</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: bottom; width: 74%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Beachcorp, LLC</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_988_eus-gaap--RelatedPartyTransactionAmountsOfTransaction_c20260101__20260630__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCMember_zDUuHU7G3yzc" style="vertical-align: top; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">13,287</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_982_eus-gaap--RelatedPartyTransactionAmountsOfTransaction_c20250101__20251231__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCMember_z56l6uefaJTb" style="vertical-align: bottom; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">14,267</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Strandler, LLC</span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98D_eus-gaap--RelatedPartyTransactionAmountsOfTransaction_c20260101__20260630__us-gaap--CreditFacilityAxis__custom--StrandlerLLCMember_zxbvDFYSVML3" style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,000</span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_982_eus-gaap--RelatedPartyTransactionAmountsOfTransaction_c20250101__20251231__us-gaap--CreditFacilityAxis__custom--StrandlerLLCMember_zM9EE8C8HSU1" style="vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,000</span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> </table> <p id="xdx_8A5_zaotMxGF62M4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p id="xdx_898_eus-gaap--ScheduleOfLineOfCreditFacilitiesTextBlock_zPVMWLnUcNwb" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_8BB_zSQtt2x48kd9">Notes and lines of credit consist of the following: </span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="14" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>As of June 30, 2026</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>As of December 31, 2025</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Rate at June 30, 2026</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Total Borrowing Capacity</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Outstanding Borrowed Balance</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Total Borrowing Capacity</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Outstanding Borrowed Balance</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: top; width: 33%; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Libertyville Bank &amp; Trust ⁽¹⁾</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_986_eus-gaap--RelatedPartyTransactionRate_pid_dp_uPure_c20260101__20260630__us-gaap--CreditFacilityAxis__custom--LibertyvilleBankAndTrustMember_fKDEp_zeNSB4b7NKLk" style="vertical-align: bottom; width: 12%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.75</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_984_eus-gaap--LineOfCreditFacilityCurrentBorrowingCapacity_iI_c20260630__us-gaap--CreditFacilityAxis__custom--LibertyvilleBankAndTrustMember_fKDEp_zaop3YkTNNDb" style="vertical-align: bottom; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">30</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_981_eus-gaap--LineOfCredit_iI_c20260630__us-gaap--CreditFacilityAxis__custom--LibertyvilleBankAndTrustMember_fKDEp_z596CMzjiqW3" style="vertical-align: bottom; width: 11%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0630">—</span></span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$ </span></td> <td id="xdx_988_eus-gaap--LineOfCreditFacilityCurrentBorrowingCapacity_iI_c20251231__us-gaap--CreditFacilityAxis__custom--LibertyvilleBankAndTrustMember_fKDEp_zFpcTRgPCsvh" style="vertical-align: top; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">30</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_988_eus-gaap--LineOfCredit_iI_c20251231__us-gaap--CreditFacilityAxis__custom--LibertyvilleBankAndTrustMember_fKDEp_zaPJ5qo59OWc" style="vertical-align: top; width: 11%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0632">—</span></span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr> <td style="vertical-align: top; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Libertyville Bank &amp; Trust ⁽²⁾</span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98D_eus-gaap--RelatedPartyTransactionRate_pid_dp_uPure_c20260101__20260630__us-gaap--CreditFacilityAxis__custom--LibertyvilleBankAndTrustOneMember_fKDIp_z6pMaNt9n6Kl" style="vertical-align: bottom; background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.75</span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_988_eus-gaap--LineOfCreditFacilityCurrentBorrowingCapacity_iI_c20260630__us-gaap--CreditFacilityAxis__custom--LibertyvilleBankAndTrustOneMember_fKDIp_z3kMcHOo0c4" style="vertical-align: bottom; background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">500</span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98D_eus-gaap--LineOfCredit_iI_c20260630__us-gaap--CreditFacilityAxis__custom--LibertyvilleBankAndTrustOneMember_fKDIp_zreFymM7mUkk" style="vertical-align: bottom; background-color: white; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0635">—</span></span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_983_eus-gaap--LineOfCreditFacilityCurrentBorrowingCapacity_iI_c20251231__us-gaap--CreditFacilityAxis__custom--LibertyvilleBankAndTrustOneMember_fKDIp_zFdPKrvg0mia" style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">500</span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98D_eus-gaap--LineOfCredit_iI_c20251231__us-gaap--CreditFacilityAxis__custom--LibertyvilleBankAndTrustOneMember_fKDIp_zUHtES0cWvek" style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0637">—</span></span></td> <td style="vertical-align: bottom; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: top; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Beachcorp, LLC ⁽³⁾</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98B_eus-gaap--RelatedPartyTransactionRate_pid_dp_uPure_c20260101__20260630__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCMember_fKDMp_zSQUBneQYpUj" style="vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.50</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_980_eus-gaap--LineOfCreditFacilityCurrentBorrowingCapacity_iI_c20260630__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCMember_fKDMp_z8cw3dxe4Kij" style="vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">9,504</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98C_eus-gaap--LineOfCredit_iI_c20260630__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCMember_fKDMp_zvzXz9NFWRXc" style="vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,787</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98E_eus-gaap--LineOfCreditFacilityCurrentBorrowingCapacity_iI_c20251231__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCMember_fKDMp_znakNIxEWXHk" style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">6,236</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_982_eus-gaap--LineOfCredit_iI_c20251231__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCMember_fKDMp_zVeGjv5C14Zh" style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,767</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr> <td style="vertical-align: top; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Beachcorp, LLC ⁽⁴⁾</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_984_eus-gaap--RelatedPartyTransactionRate_pid_dp_uPure_c20260101__20260630__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCOneMember_fKDQp_zNTd3nGJPT7d" style="vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.50</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_981_eus-gaap--LineOfCreditFacilityCurrentBorrowingCapacity_iI_c20260630__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCOneMember_fKDQp_zuFFInitn4Ve" style="vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10,000</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98F_eus-gaap--LineOfCredit_iI_c20260630__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCOneMember_fKDQp_z5glhDQrwZR5" style="vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">9,500</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_984_eus-gaap--LineOfCreditFacilityCurrentBorrowingCapacity_iI_c20251231__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCOneMember_fKDQp_zZdj0dqPbK3i" style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10,000</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98C_eus-gaap--LineOfCredit_iI_c20251231__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCOneMember_fKDQp_zAxq1ojBheA8" style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">9,500</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: top; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Strandler, LLC   ⁽⁵⁾</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_984_eus-gaap--RelatedPartyTransactionRate_pid_dp_uPure_c20260101__20260630__us-gaap--CreditFacilityAxis__custom--StrandlerLLCMember_fKDUp_zFIrNzot2bSi" style="vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.50</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_989_eus-gaap--LineOfCreditFacilityCurrentBorrowingCapacity_iI_c20260630__us-gaap--CreditFacilityAxis__custom--StrandlerLLCMember_fKDUp_zA03xnmSx5se" style="vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,000</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_988_eus-gaap--LineOfCredit_iI_c20260630__us-gaap--CreditFacilityAxis__custom--StrandlerLLCMember_fKDUp_zEB0YuSUoPIl" style="vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,000</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_983_eus-gaap--LineOfCreditFacilityCurrentBorrowingCapacity_iI_c20251231__us-gaap--CreditFacilityAxis__custom--StrandlerLLCMember_fKDUp_zZOw5SjyvZK3" style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,000</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98E_eus-gaap--LineOfCredit_iI_c20251231__us-gaap--CreditFacilityAxis__custom--StrandlerLLCMember_fKDUp_zZvcvVCghZc5" style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,000</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> </table> <p style="margin-top: 0; margin-bottom: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top"> <td style="width: 0.5in"></td><td style="width: 0.25in"><span id="xdx_F0C_zeILK1Op9mbl" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1)</span></td><td style="text-align: justify"><span id="xdx_F12_zpsHSpe38KW3" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Since July 2014, we have maintained a bank-issued letter of credit for up to $<span id="xdx_90F_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20140731__us-gaap--CreditFacilityAxis__us-gaap--LetterOfCreditMember_zCZyHVHevIOa">30</span> in borrowings, with interest at the <span id="xdx_902_eus-gaap--DebtInstrumentDescriptionOfVariableRateBasis_c20140701__20140731__us-gaap--ShortTermDebtTypeAxis__us-gaap--LetterOfCreditMember_zCxfBQxLLkl7" title="Variable interest rate basis">prime rate</span> plus <span id="xdx_901_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pii_dp_uPure_c20140701__20140731__us-gaap--ShortTermDebtTypeAxis__us-gaap--LetterOfCreditMember_ztCWOnV4RAed" title="Basis spread variable interest rate">1</span>%, to support our obligations under our Romeoville, Illinois facility lease agreement. No borrowings have been incurred under this promissory note. It is our intention to renew this note annually. Because there were no amounts outstanding on the note at any time during 2026 or 2025, we have recorded no related liability on our condensed consolidated balance sheet.</span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top"> <td style="width: 0.5in"></td><td style="width: 0.25in"><span id="xdx_F04_zK0QAmgbXqte" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2)</span></td><td style="text-align: justify"><span id="xdx_F17_zh38SUCfjbY4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On December 21, 2021, the existing credit agreement with Libertyville was converted for use to support our obligations under our newly leased manufacturing and warehouse space in Bolingbrook, Illinois. Interest on drawn balances will be at the <span id="xdx_906_eus-gaap--DebtInstrumentDescriptionOfVariableRateBasis_c20210101__20211221__us-gaap--ShortTermDebtTypeAxis__us-gaap--LetterOfCreditMember_zorX2phQXpV8" title="Variable interest rate basis">prime rate</span> plus <span id="xdx_903_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20210101__20211221__us-gaap--ShortTermDebtTypeAxis__us-gaap--LetterOfCreditMember_zRnTLr91LFOa" title="Basis spread variable interest rate">1</span>%. This credit agreement has a maturity of <span id="xdx_906_eus-gaap--DebtInstrumentMaturityDate_c20210101__20211221__us-gaap--ShortTermDebtTypeAxis__us-gaap--LetterOfCreditMember_zQdxhfDOF9p4" title="Maturity date">December 22, 2026</span>. We expect to renew this agreement annually, as the lease requires. This credit agreement is secured by all the unencumbered assets of the Company and has superior collateral rights to those credit facilities with Beachcorp, LLC and Strandler, LLC.</span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top"> <td style="width: 0.5in"></td><td style="width: 0.25in"><span id="xdx_F05_z2lqvo1g9eVd" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3)</span></td><td style="text-align: justify"><span id="xdx_F11_zcK1uDvi6R63" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On January 28, 2022, the Company entered into an Amended and Restated Business Loan Agreement (the “A&amp;R Loan Agreement”), which amends and restates the Master Agreement between the Company and Beachcorp, LLC, and a new promissory note in order to evidence the A/R Revolver facility, including an amendment to expand the limit on the A/R Revolver Facility from $<span id="xdx_908_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20220126__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__us-gaap--RevolvingCreditFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zPYcvO5MNJKb" title="Line of Credit Facility, Maximum Borrowing Capacity">6,000</span> to $<span id="xdx_904_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20220128__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__us-gaap--RevolvingCreditFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zcvgCbKSaGh3" title="Line of Credit Facility, Maximum Borrowing Capacity">8,000</span>, reduce the interest rate to the <span id="xdx_90D_eus-gaap--DebtInstrumentDescriptionOfVariableRateBasis_c20220127__20220128__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__us-gaap--RevolvingCreditFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zJYj4Wn7OJEh" title="Debt Instrument, Description of Variable Rate Basis">prime rate</span> plus <span id="xdx_903_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20220127__20220128__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__us-gaap--RevolvingCreditFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zaQvuA6IRBe9" title="Debt Instrument, Basis Spread on Variable Rate">0.75</span>%, and extend the maturity of the A/R Revolver Facility to <span id="xdx_90E_eus-gaap--LineOfCreditFacilityExpirationDate1_c20220127__20220128__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__us-gaap--RevolvingCreditFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zIBV2gxvMuX9" title="Line of Credit Facility, Expiration Date">March 31, 2024</span>. On March 1, 2024, the Company entered into a Second Amendment to the Amended and Restated Business Loan Agreement extending the maturity of the A/R Revolver Facility to <span id="xdx_90C_eus-gaap--LineOfCreditFacilityExpirationDate1_c20240229__20240301__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__us-gaap--RevolvingCreditFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_z8PJIa46TM89" title="Line of Credit Facility, Expiration Date">October 1, 2025</span>. On May 27, 2025, the Company entered into a Third Amendment to the Amended and Restated Business Loan Agreement to expand the limit on the A/R Revolver Facility from $<span id="xdx_900_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20250525__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__us-gaap--RevolvingCreditFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_ztSIKri4NB5a" title="Line of Credit Facility, Maximum Borrowing Capacity">8,000</span> to $<span id="xdx_900_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20250527__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__us-gaap--RevolvingCreditFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_z5qkHDtSHL84" title="Line of Credit Facility, Maximum Borrowing Capacity">12,000</span>, and extend its maturity to <span id="xdx_908_eus-gaap--LineOfCreditFacilityExpirationDate1_c20250526__20250527__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__us-gaap--RevolvingCreditFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zMLsu1SNNdY7" title="Line of Credit Facility, Expiration Date">April 30, 2027</span>.</span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font: 10pt Times New Roman, Times, Serif"></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt; background-color: white"><tr style="vertical-align: top"> <td style="width: 0.5in"></td><td style="width: 0.25in"><span id="xdx_F01_zXJJS6gmBRE8" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4)</span></td><td style="text-align: justify"><span id="xdx_F11_zbIRZqUkPCCc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On January 28, 2022, the Company entered into the A&amp;R Loan Agreement and a new revolving loan agreement (“Inventory Facility”) with Beachcorp, LLC, and a new promissory note in order to evidence the Inventory Facility. The maximum borrowing amount under the Inventory Facility was $<span id="xdx_90B_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20220128__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--InventoryFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zXOUKF7u4WDc" title="Line of Credit Facility, Maximum Borrowing Capacity">4,000</span>, with a borrowing base consisting of up to <span id="xdx_90C_ecustom--LineOfCreditPercentageOfEligibleInventory_pid_dp_uPure_c20220127__20220128__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--InventoryFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zF9raKYAs8l9">50</span>% of the value of qualified inventory of the Company. The interest rate for the Inventory Revolver is at the <span id="xdx_901_eus-gaap--DebtInstrumentDescriptionOfVariableRateBasis_c20220127__20220128__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--InventoryFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zEkAx0Ukk2gk">prime rate</span> plus <span id="xdx_903_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20220127__20220128__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--InventoryFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zAP2quIRyBUi">0.75</span>%, and it was set to mature on <span id="xdx_902_eus-gaap--LineOfCreditFacilityExpirationDate1_c20220127__20220128__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--InventoryFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zaWpE3mFbmLb">March 31, 2024</span>. On November 13, 2023, the Company entered into a Replacement Promissory Note with Beachcorp, LLC replacing the Inventory Facility promissory note executed on January 28, 2022. The maximum borrowing amount under the replacement Inventory Facility was increased to $<span id="xdx_906_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20231113__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--ReplacementPromissoryNoteMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zHleD0QxwKX7">5,200</span>, with a borrowing base consisting of up to <span id="xdx_90C_ecustom--LineOfCreditPercentageOfEligibleInventory_pid_dp_uPure_c20231112__20231113__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--ReplacementPromissoryNoteMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_z46BYcEuc3de">55</span>% of the value of qualified inventory of the Company. The interest rate for the replacement Inventory Revolver remains at the <span id="xdx_905_eus-gaap--DebtInstrumentDescriptionOfVariableRateBasis_c20231112__20231113__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--ReplacementPromissoryNoteMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_z7o2dnM2YhB5">prime rate</span> plus <span id="xdx_905_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20231112__20231113__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--ReplacementPromissoryNoteMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zmQfMxAqoz36">0.75</span>%. On March 1, 2024, the company entered into a Second Amendment to the Business Loan Agreement extending the maturity of the Inventory Revolver Facility to <span id="xdx_902_eus-gaap--LineOfCreditFacilityExpirationDate1_c20240229__20240301__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--ReplacementPromissoryNoteMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_z27tkEZQEj9g">October 1, 2025</span>. On May 27, 2025, the Company entered into a Third Amendment to the Business Loan Agreement to expand the limit on the Inventory Revolver Facility from $<span id="xdx_903_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20250525__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--ReplacementPromissoryNoteMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zvwbSbacSZxb" title="Line of Credit Facility, Maximum Borrowing Capacity">5,200</span> to $<span id="xdx_907_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20250527__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--ReplacementPromissoryNoteMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zkFATuYXrlNb" title="Line of Credit Facility, Maximum Borrowing Capacity">10,000</span>, and extend its maturity to <span id="xdx_90A_eus-gaap--LineOfCreditFacilityExpirationDate1_c20250526__20250527__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--ReplacementPromissoryNoteMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember_zvb8UCuI7dX9">April 30, 2027</span>. As described below in Note 11 (Restatement of Previously Issued Consolidated Financial Statements), the Company recently identified errors in its historical accounting for labor and overhead included in inventories.  As a result, inventories were overstated in past borrowing base calculations under the Inventory Facility.  Effective August 17, 2026, Beachcorp, LLC provided a waiver of all breaches and defaults under the Inventory Facility as a result of the foregoing up to a maximum of <span id="xdx_900_ecustom--OverstatedInventoryMaximumWaiver_iI_pin3_c20260817__us-gaap--TypeOfArrangementAxis__custom--BusinessLoanAgreementMember__us-gaap--CreditFacilityAxis__custom--InventoryFacilityMember__srt--CounterpartyNameAxis__custom--BeachcorpLLCMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_z9H73ZyoHiib" title="Overstated inventory maximum waiver">$3,000</span> in overstated inventory. The Company does not expect there to be any prospective impact on the compliance or availability of the Inventory Facility.</span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt; background-color: white"><tr style="vertical-align: top"> <td style="width: 0.5in"></td><td style="width: 0.25in"><span id="xdx_F09_zIKin5kanwV4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5)</span></td><td style="text-align: justify"><span id="xdx_F16_zg46gbdexUJ7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On January 28, 2022, the Company entered into an additional Business Loan Agreement (the “New Term Loan Agreement”) with Strandler, LLC, which effectively transferred or assigned the Term Loan to Strandler, LLC from Beachcorp, LLC. Interest on the New Term Loan is at the <span id="xdx_905_eus-gaap--DebtInstrumentDescriptionOfVariableRateBasis_c20220127__20220128__us-gaap--CreditFacilityAxis__custom--TermLoanMember__srt--CounterpartyNameAxis__custom--StrandlerLLCMember_zhYM6r3FbXBl">prime rate</span> plus <span id="xdx_909_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20220127__20220128__us-gaap--CreditFacilityAxis__custom--TermLoanMember__srt--CounterpartyNameAxis__custom--StrandlerLLCMember_zyxqZa0GhJm6">0.75</span>%. Strandler, LLC is also an affiliate of Bradford T. Whitmore. On March 1, 2024, the company entered into a Second Amendment to the Business Loan Agreement extending the maturity of the Term Maturity Note to <span id="xdx_90A_eus-gaap--LineOfCreditFacilityExpirationDate1_c20240229__20240301__us-gaap--CreditFacilityAxis__custom--TermLoanMember__srt--CounterpartyNameAxis__custom--StrandlerLLCMember_zrvwqsFTzP9b">October 1, 2025</span>. On May 27, 2025, the Company entered into a Third Amendment to the Business Loan Agreement extending the maturity of the Term Maturity Note to <span id="xdx_908_eus-gaap--LineOfCreditFacilityExpirationDate1_c20250526__20250527__us-gaap--CreditFacilityAxis__custom--TermLoanMember__srt--CounterpartyNameAxis__custom--StrandlerLLCMember_zRLxU3yEqg29">April 30, 2027</span>.</span></td></tr></table> 0.0775 30000 30000 0.0775 500000 500000 0.0750 9504000 3787000 6236000 4767000 0.0750 10000000 9500000 10000000 9500000 0.0750 1000000 1000000 1000000 1000000 30000 prime rate 0.01 prime rate 0.01 2026-12-22 6000000 8000000 prime rate 0.0075 2024-03-31 2025-10-01 8000000 12000000 2027-04-30 4000000 0.50 prime rate 0.0075 2024-03-31 5200000 0.55 prime rate 0.0075 2025-10-01 5200000 10000000 2027-04-30 3000000 prime rate 0.0075 2025-10-01 2027-04-30 <p id="xdx_89B_eus-gaap--ScheduleOfRelatedPartyTransactionsTableTextBlock_z6CqvfkhTsQ7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Related party interest expense consists of the following:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 48%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 10%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 10%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 10%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 1%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 10%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Three months ended June 30,</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Six months ended June 30,</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest expense, related parties</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_98E_eus-gaap--InterestExpense_c20260401__20260630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_zXkqexkPi3B8" style="text-align: right" title="Interest expense"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">279</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_985_eus-gaap--InterestExpense_c20250401__20250630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_zdnUUQ1x4w2e" style="text-align: right" title="Interest expense"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">282</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_98B_eus-gaap--InterestExpense_c20260101__20260630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_zbScl6ycwja2" style="text-align: right" title="Interest expense"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">542</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_987_eus-gaap--InterestExpense_c20250101__20250630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_zYlsNKFTaUuk" style="text-align: right" title="Interest expense"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">458</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accrued interest consists of the following:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>As of</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>June 30, 2026</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>December 31, 2025</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="width: 60%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 17%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 17%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accrued interest expense, related parties</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_98E_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_pn3n3_c20260630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_ztq9dsgTpYD7" style="vertical-align: top; text-align: right" title="Accrued interest expense"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">90</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_989_eus-gaap--InterestPayableCurrentAndNoncurrent_iI_pn3n3_c20251231__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_zFMm1Cb1ceYb" style="vertical-align: bottom; text-align: right" title="Accrued interest expense"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">81</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Outstanding balances associated with related parties are as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>June 30, 2026</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>December 31, 2025</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: bottom; width: 74%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Beachcorp, LLC</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_988_eus-gaap--RelatedPartyTransactionAmountsOfTransaction_c20260101__20260630__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCMember_zDUuHU7G3yzc" style="vertical-align: top; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">13,287</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_982_eus-gaap--RelatedPartyTransactionAmountsOfTransaction_c20250101__20251231__us-gaap--CreditFacilityAxis__custom--BeachcorpLLCMember_z56l6uefaJTb" style="vertical-align: bottom; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">14,267</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Strandler, LLC</span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98D_eus-gaap--RelatedPartyTransactionAmountsOfTransaction_c20260101__20260630__us-gaap--CreditFacilityAxis__custom--StrandlerLLCMember_zxbvDFYSVML3" style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,000</span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_982_eus-gaap--RelatedPartyTransactionAmountsOfTransaction_c20250101__20251231__us-gaap--CreditFacilityAxis__custom--StrandlerLLCMember_zM9EE8C8HSU1" style="vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,000</span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> </table> 279000 282000 542000 458000 90000 81000 13287000 14267000 1000000 1000000 <p id="xdx_80A_eus-gaap--InventoryDisclosureTextBlock_zLj9bVTRu9Rb" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(7) <span id="xdx_826_zUOBWtCvfgaj">Inventories, net</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_890_eus-gaap--ScheduleOfInventoryCurrentTableTextBlock_zv0jyfhS9HHl" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Inventories consist of the following:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr> <td style="vertical-align: top; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" id="xdx_499_20260630_z4Z8vRgY8GS3" style="vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>June 30, 2026</b></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" id="xdx_49F_20251231_zSaSiafZBlo6" style="vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>December 31, 2025</b></span></td> <td style="vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr> <td style="vertical-align: top; width: 74%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; vertical-align: bottom; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; vertical-align: bottom; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_408_eus-gaap--InventoryRawMaterials_iI_pn3n3_maINzWNM_zEuqIg0Srr26" style="background-color: #CCEEFF"> <td style="vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Raw materials</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">12,962</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="vertical-align: bottom; text-align: right">13,528</td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_406_eus-gaap--InventoryFinishedGoods_iI_pn3n3_maINzWNM_zCZ78EQyQOG1"> <td style="vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Finished goods</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,515</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,156</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_400_eus-gaap--InventoryValuationReserves_iNI_pn3n3_di_msINzWNM_zHG5J3OEbFVd"> <td style="vertical-align: top; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Inventory reserve</span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; vertical-align: bottom; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; vertical-align: top; background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3,520</span></td> <td style="vertical-align: bottom; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; background-color: #CCECFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2,721</span></td> <td style="vertical-align: bottom; background-color: #CCECFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td></tr> <tr id="xdx_40C_eus-gaap--InventoryNet_iTI_pn3n3_mtINzWNM_zYSBD6vPuQoh"> <td style="vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">     Total Inventories, net </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1.5pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="border-bottom: black 1.5pt double; vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">12,957</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1.5pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="border-bottom: Black 1.5pt double; vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">14,963</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> </table> <p id="xdx_8A9_zzG1lqUlCeHe" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p id="xdx_890_eus-gaap--ScheduleOfInventoryCurrentTableTextBlock_zv0jyfhS9HHl" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Inventories consist of the following:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr> <td style="vertical-align: top; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" id="xdx_499_20260630_z4Z8vRgY8GS3" style="vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>June 30, 2026</b></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" id="xdx_49F_20251231_zSaSiafZBlo6" style="vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>December 31, 2025</b></span></td> <td style="vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr> <td style="vertical-align: top; width: 74%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; vertical-align: bottom; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; vertical-align: bottom; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_408_eus-gaap--InventoryRawMaterials_iI_pn3n3_maINzWNM_zEuqIg0Srr26" style="background-color: #CCEEFF"> <td style="vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Raw materials</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">12,962</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="vertical-align: bottom; text-align: right">13,528</td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_406_eus-gaap--InventoryFinishedGoods_iI_pn3n3_maINzWNM_zCZ78EQyQOG1"> <td style="vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Finished goods</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,515</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,156</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_400_eus-gaap--InventoryValuationReserves_iNI_pn3n3_di_msINzWNM_zHG5J3OEbFVd"> <td style="vertical-align: top; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Inventory reserve</span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; vertical-align: bottom; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; vertical-align: top; background-color: #CCEEFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3,520</span></td> <td style="vertical-align: bottom; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; background-color: #CCEEFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; background-color: #CCECFF; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2,721</span></td> <td style="vertical-align: bottom; background-color: #CCECFF"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td></tr> <tr id="xdx_40C_eus-gaap--InventoryNet_iTI_pn3n3_mtINzWNM_zYSBD6vPuQoh"> <td style="vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">     Total Inventories, net </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1.5pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="border-bottom: black 1.5pt double; vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">12,957</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1.5pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="border-bottom: Black 1.5pt double; vertical-align: bottom; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">14,963</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> </table> 12962000 13528000 3515000 4156000 3520000 2721000 12957000 14963000 <p id="xdx_807_eus-gaap--ConcentrationRiskDisclosureTextBlock_zcb2dQTNGVX6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(8) <span id="xdx_82D_zOwoPVv2qA9l">Significant Customers</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_890_eus-gaap--SchedulesOfConcentrationOfRiskByRiskFactorTextBlock_zNqQcIUtJsO5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We had three significant customers for the three and six months ended June 30, 2026, and 2025.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_8BB_zWqjDVvYejC9">Revenues from these three customers, as a percentage of total Company revenue, was approximately:</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 90%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-left: 9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Three months ended </b><br/> <b>June 30,</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Six months ended </b><br/> <b>June 30,</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Customer #</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Product Category</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: bottom; width: 11%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 31%; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consumer Products</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90B_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20260401__20260630__srt--MajorCustomersAxis__custom--CustomerOneMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zuIcT0MgvYm6" title="Revenue from customers">58</span></span></td> <td style="vertical-align: bottom; width: 2%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_903_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20250630__srt--MajorCustomersAxis__custom--CustomerOneMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_z3j1hgiSVl4e" title="Revenue from customers">33</span></span></td> <td style="vertical-align: bottom; width: 2%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90F_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20260101__20260630__srt--MajorCustomersAxis__custom--CustomerOneMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zz9mWdkAyxrg" title="Revenue from customers">48</span></span></td> <td style="vertical-align: bottom; width: 2%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_900_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250101__20250630__srt--MajorCustomersAxis__custom--CustomerOneMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_z5JpyesoiF8b" title="Revenue from customers">23</span></span></td> <td style="vertical-align: bottom; width: 2%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td></tr> <tr> <td style="vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consumer Products</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_906_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20260401__20260630__srt--MajorCustomersAxis__custom--CustomerTwoMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zIRBzX4oIwQ4" title="Revenue from customers">7</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_909_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20250630__srt--MajorCustomersAxis__custom--CustomerTwoMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zSW2cViQKNye" title="Revenue from customers">27</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90A_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20260101__20260630__srt--MajorCustomersAxis__custom--CustomerTwoMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_z8B3LyNplbh1" title="Revenue from customers">1</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_900_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250101__20250630__srt--MajorCustomersAxis__custom--CustomerTwoMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_z0CpDRWgGzdf" title="Revenue from customers">19</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Personal Care Ingredients</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_903_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20260401__20260630__srt--MajorCustomersAxis__custom--CustomerThreeMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zsP3xjaN3Y6" title="Revenue from customers">1</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90C_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20250630__srt--MajorCustomersAxis__custom--CustomerThreeMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_z4HNn8NUVeWg" title="Revenue from customers">13</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90F_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20260101__20260630__srt--MajorCustomersAxis__custom--CustomerThreeMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zkKN0RFQP3c" title="Revenue from customers">13</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90E_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250101__20250630__srt--MajorCustomersAxis__custom--CustomerThreeMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zFL03NoZMtCk" title="Revenue from customers">12</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td></tr> <tr> <td style="vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-left: 0.25in; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90B_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20260401__20260630__srt--MajorCustomersAxis__custom--CustomersOneThroughThreeMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_z9dLW3G2bD96" title="Revenue from customers">66</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_909_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20250630__srt--MajorCustomersAxis__custom--CustomersOneThroughThreeMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_z8Uia8F1Epyj" title="Revenue from customers">73</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_907_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20260101__20260630__srt--MajorCustomersAxis__custom--CustomersOneThroughThreeMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zM8zO5TltHNa" title="Revenue from customers">62</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_901_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250101__20250630__srt--MajorCustomersAxis__custom--CustomersOneThroughThreeMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zq4IEUFhc0dl" title="Revenue from customers">54</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td></tr> </table> <p id="xdx_8A8_zQou2oymHAuh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.3pt 0pt 0; text-align: justify; text-indent: 0.5in"> </p> <p id="xdx_899_ecustom--ContractWithCustomerAccountReceivablesTableTextBlock_z0KyE4LIw2b3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.3pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> Accounts receivable balances for these three customers were approximately:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.3pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 90%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-left: 9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>As of June 30,</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Customer #</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Product Category</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td> </td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: bottom; width: 11%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 31%; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consumer Products</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_982_eus-gaap--ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent_iI_c20260630__srt--MajorCustomersAxis__custom--CustomerOneMember_zQM2EYiH0YQ8" style="vertical-align: top; width: 10%; text-align: right" title="Total"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7,327</span></td> <td style="vertical-align: bottom; width: 2%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> $</span></td> <td id="xdx_989_eus-gaap--ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent_iI_c20250630__srt--MajorCustomersAxis__custom--CustomerOneMember_zcv4BXMwUoAf" style="vertical-align: top; width: 10%; text-align: right" title="Total"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,968</span></td> <td style="vertical-align: bottom; width: 2%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: White; width: 28%"> </td></tr> <tr> <td style="vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consumer Products</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98C_ecustom--ContractWithCustomerReceivableAfterAllowanceForCreditLossNetCurrent_iI_c20260630__srt--MajorCustomersAxis__custom--CustomerTwoMember_z79J11nPRbfd" style="vertical-align: top; text-align: right" title="Total"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(28</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98D_ecustom--ContractWithCustomerReceivableAfterAllowanceForCreditLossNetCurrent_iI_c20250630__srt--MajorCustomersAxis__custom--CustomerTwoMember_z1KQZ84WphYe" style="vertical-align: top; text-align: right" title="Total"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,588</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td> </td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Personal Care Ingredients</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_980_eus-gaap--ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent_iI_c20260630__srt--MajorCustomersAxis__custom--CustomerThreeMember_zHs688npp0T8" style="vertical-align: top; text-align: right" title="Total"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">383</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98D_eus-gaap--ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent_iI_c20250630__srt--MajorCustomersAxis__custom--CustomerThreeMember_zGOtdRLV3Oeg" style="vertical-align: top; text-align: right" title="Total"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,136</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: White"> </td></tr> <tr> <td style="vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-left: 0.25in; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_983_eus-gaap--ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent_iI_c20260630_zbCLZWZBMkAj" style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: top; text-align: right" title="Total"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7,682</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_989_eus-gaap--ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent_iI_c20250630_zdzFPXNHbWN2" style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: top; text-align: right" title="Total"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7,692</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td> </td></tr> </table> <p id="xdx_8A8_zwCaLur6yjk2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.3pt; text-align: justify; text-indent: 35.7pt"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.3pt; text-align: justify; text-indent: 35.7pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We currently have exclusive supply agreements with BASF Corporation (“BASF”), a significant personal care ingredient customer, that have contingencies outlined which could potentially result in the sale of production equipment from the Company to the customer intended to provide capacity sufficient to meet the customer’s production needs. This outcome may occur if we fail to meet certain performance requirements. In the event of an equipment sale, upon incurring a triggering event, the equipment would be sold to the customer at the greater of <span id="xdx_90B_ecustom--EquipmentSaleOriginalBookValueOfEquipmentAndUpgrades_iI_pid_dp_uPure_c20260630__us-gaap--SupplyCommitmentAxis__us-gaap--SupplyCommitmentMember_zt7GraX8t673" title="Equipment sale- original book value">30</span>% of the original book value of such equipment, and any associated upgrades to it, or <span id="xdx_908_ecustom--EquipmentSaleNetBookValueEquipment_iI_pid_dp_uPure_c20260630__us-gaap--SupplyCommitmentAxis__us-gaap--SupplyCommitmentMember_ziLdfo3vZLN3" title="Equipment sale - net book value">115</span>% of the equipment’s net book value, depending on the equipment and related products.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.3pt; text-align: justify; text-indent: 35.7pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If a triggering event were to occur and BASF elected to proceed with the equipment sale mentioned above, we would lose a historically significant source of revenue.</span></p> <p id="xdx_890_eus-gaap--SchedulesOfConcentrationOfRiskByRiskFactorTextBlock_zNqQcIUtJsO5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We had three significant customers for the three and six months ended June 30, 2026, and 2025.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_8BB_zWqjDVvYejC9">Revenues from these three customers, as a percentage of total Company revenue, was approximately:</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 90%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-left: 9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Three months ended </b><br/> <b>June 30,</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Six months ended </b><br/> <b>June 30,</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Customer #</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Product Category</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: bottom; width: 11%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 31%; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consumer Products</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90B_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20260401__20260630__srt--MajorCustomersAxis__custom--CustomerOneMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zuIcT0MgvYm6" title="Revenue from customers">58</span></span></td> <td style="vertical-align: bottom; width: 2%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_903_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20250630__srt--MajorCustomersAxis__custom--CustomerOneMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_z3j1hgiSVl4e" title="Revenue from customers">33</span></span></td> <td style="vertical-align: bottom; width: 2%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90F_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20260101__20260630__srt--MajorCustomersAxis__custom--CustomerOneMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zz9mWdkAyxrg" title="Revenue from customers">48</span></span></td> <td style="vertical-align: bottom; width: 2%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; width: 10%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_900_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250101__20250630__srt--MajorCustomersAxis__custom--CustomerOneMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_z5JpyesoiF8b" title="Revenue from customers">23</span></span></td> <td style="vertical-align: bottom; width: 2%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td></tr> <tr> <td style="vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consumer Products</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_906_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20260401__20260630__srt--MajorCustomersAxis__custom--CustomerTwoMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zIRBzX4oIwQ4" title="Revenue from customers">7</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_909_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20250630__srt--MajorCustomersAxis__custom--CustomerTwoMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zSW2cViQKNye" title="Revenue from customers">27</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90A_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20260101__20260630__srt--MajorCustomersAxis__custom--CustomerTwoMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_z8B3LyNplbh1" title="Revenue from customers">1</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_900_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250101__20250630__srt--MajorCustomersAxis__custom--CustomerTwoMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_z0CpDRWgGzdf" title="Revenue from customers">19</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Personal Care Ingredients</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_903_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20260401__20260630__srt--MajorCustomersAxis__custom--CustomerThreeMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zsP3xjaN3Y6" title="Revenue from customers">1</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90C_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20250630__srt--MajorCustomersAxis__custom--CustomerThreeMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_z4HNn8NUVeWg" title="Revenue from customers">13</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90F_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20260101__20260630__srt--MajorCustomersAxis__custom--CustomerThreeMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zkKN0RFQP3c" title="Revenue from customers">13</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90E_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250101__20250630__srt--MajorCustomersAxis__custom--CustomerThreeMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zFL03NoZMtCk" title="Revenue from customers">12</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td></tr> <tr> <td style="vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-left: 0.25in; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90B_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20260401__20260630__srt--MajorCustomersAxis__custom--CustomersOneThroughThreeMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_z9dLW3G2bD96" title="Revenue from customers">66</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_909_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250401__20250630__srt--MajorCustomersAxis__custom--CustomersOneThroughThreeMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_z8Uia8F1Epyj" title="Revenue from customers">73</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_907_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20260101__20260630__srt--MajorCustomersAxis__custom--CustomersOneThroughThreeMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zM8zO5TltHNa" title="Revenue from customers">62</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: top; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_901_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20250101__20250630__srt--MajorCustomersAxis__custom--CustomersOneThroughThreeMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember_zq4IEUFhc0dl" title="Revenue from customers">54</span></span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</span></td></tr> </table> 0.58 0.33 0.48 0.23 0.07 0.27 0.01 0.19 0.01 0.13 0.13 0.12 0.66 0.73 0.62 0.54 <p id="xdx_899_ecustom--ContractWithCustomerAccountReceivablesTableTextBlock_z0KyE4LIw2b3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.3pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> Accounts receivable balances for these three customers were approximately:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.3pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 90%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-left: 9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>As of June 30,</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Customer #</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Product Category</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td> </td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: bottom; width: 11%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 31%; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consumer Products</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_982_eus-gaap--ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent_iI_c20260630__srt--MajorCustomersAxis__custom--CustomerOneMember_zQM2EYiH0YQ8" style="vertical-align: top; width: 10%; text-align: right" title="Total"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7,327</span></td> <td style="vertical-align: bottom; width: 2%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> $</span></td> <td id="xdx_989_eus-gaap--ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent_iI_c20250630__srt--MajorCustomersAxis__custom--CustomerOneMember_zcv4BXMwUoAf" style="vertical-align: top; width: 10%; text-align: right" title="Total"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,968</span></td> <td style="vertical-align: bottom; width: 2%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: White; width: 28%"> </td></tr> <tr> <td style="vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consumer Products</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98C_ecustom--ContractWithCustomerReceivableAfterAllowanceForCreditLossNetCurrent_iI_c20260630__srt--MajorCustomersAxis__custom--CustomerTwoMember_z79J11nPRbfd" style="vertical-align: top; text-align: right" title="Total"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(28</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98D_ecustom--ContractWithCustomerReceivableAfterAllowanceForCreditLossNetCurrent_iI_c20250630__srt--MajorCustomersAxis__custom--CustomerTwoMember_z1KQZ84WphYe" style="vertical-align: top; text-align: right" title="Total"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,588</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td> </td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Personal Care Ingredients</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_980_eus-gaap--ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent_iI_c20260630__srt--MajorCustomersAxis__custom--CustomerThreeMember_zHs688npp0T8" style="vertical-align: top; text-align: right" title="Total"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">383</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98D_eus-gaap--ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent_iI_c20250630__srt--MajorCustomersAxis__custom--CustomerThreeMember_zGOtdRLV3Oeg" style="vertical-align: top; text-align: right" title="Total"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,136</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="background-color: White"> </td></tr> <tr> <td style="vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-left: 0.25in; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_983_eus-gaap--ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent_iI_c20260630_zbCLZWZBMkAj" style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: top; text-align: right" title="Total"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7,682</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_989_eus-gaap--ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent_iI_c20250630_zdzFPXNHbWN2" style="border-top: black 1pt solid; border-bottom: black 2.25pt double; vertical-align: top; text-align: right" title="Total"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7,692</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td> </td></tr> </table> 7327000 2968000 -28000 3588000 383000 1136000 7682000 7692000 0.30 1.15 <p id="xdx_801_eus-gaap--SegmentReportingDisclosureTextBlock_zWeOt1QXOdFa" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(9) <span id="xdx_82B_zfzNvfW3oWfa">Business Segmentation and Geographical Distribution</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company operates as a single business segment, in which the factors used to make this determination include differences in products, services, geographical areas, regulatory environment, and other such criteria considered for the appropriateness of aggregation. The types of products and services for which the sole reportable segment, which is the same as the Company as a whole, offered by the Company are discussed in Note 2. Since the Company operates as a single segment, there were no intra-entity sales or transfers.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The role of Chief Operating Decision Maker for the Company is Chief Executive Officer. The Chief Operating Decision Maker assesses performance for the single segment and decides how to allocate resources based on net income and gross profit that also is reported on the statement of operations as net income. The measure of segment assets is reported on the balance sheet as total assets. The accounting policies of the sole segment are the same as those described in the summary of significant accounting policies in Note 2 of the 2025 Form 10-K.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_891_eus-gaap--ScheduleOfSegmentReportingInformationBySegmentTextBlock_zOm5gMmy3jf6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Chief Operating Decision Maker uses gross profit and net income to evaluate Company performance and in what way to allocate resources. <span id="xdx_8B5_zccrlEd3Lf73">Significant segment expenses, which are the same as the entity as a whole, are as follows:</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td id="xdx_49E_20260401__20260630_zFmIcOfFmktb" style="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td id="xdx_493_20250401__20250630_zqZzgz3HJwXg" style="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td id="xdx_495_20260101__20260630_zy8ow6HETtl6" style="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td id="xdx_497_20250101__20250630_zOfieq0VNt66" style="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td></tr> <tr> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>For the three months ended June 30,</b></span></td> <td colspan="2" style="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>For the six months ended June 30,</b></span></td></tr> <tr> <td style="width: 40%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td style="border-bottom: black 1pt solid; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td> <td style="border-bottom: black 1pt solid; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td style="border-bottom: black 1pt solid; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td></tr> <tr id="xdx_40D_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_zeNAqiQF0bKj" style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total revenue</span></td> <td style="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$  15,332</span></td> <td style="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$   20,359</span></td> <td style="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$  28,290</span></td> <td style="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$   34,984</span></td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_40E_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--EmployeeCostsMember_zvqIjyrmbkud" style="background-color: #CCEEFF"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Employee costs</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,723</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,961</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7,832</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7,327</span></td></tr> <tr id="xdx_407_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--ContractorsAndProfessionalServicesMember_zrjFf07fbWJf"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Contractors and professional services</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,471</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,787</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5,011</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7,205</span></td></tr> <tr id="xdx_400_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--MaterialsAndSuppliesMember_z6axSFMSJGde" style="background-color: #CCEEFF"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Materials and supplies</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5,196</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">6,897</td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">9,403</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">11,742</span></td></tr> <tr id="xdx_40A_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--DepreciationMember_zBOTvtzJFqC6"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Depreciation</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">323</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">225</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">636</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">451</span></td></tr> <tr id="xdx_407_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--InterestExpensesMember_zJyylY3xR9Ra" style="background-color: #CCEEFF"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest expense</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">279</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">282</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">543</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">458</span></td></tr> <tr id="xdx_40D_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--OtherIncomeExpenseMember_zNyI2yoXKkui"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other (income)</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0837">—</span></span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1,428)</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0839">—</span></span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1,428)</span></td></tr> <tr id="xdx_400_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--TaxExpenseMember_zy07j4NJJ2q4" style="background-color: #CCEEFF"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Tax expense</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">36</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">418</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">56</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">447</span></td></tr> <tr id="xdx_40D_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--FacilitiesMember_zZves9cVCEja"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Facilities</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">938</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">990</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,906</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,933</span></td></tr> <tr id="xdx_401_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--ShippingMember_znabG7ScGEpc" style="background-color: #CCEEFF"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shipping</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">335</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">265</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">561</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">522</span></td></tr> <tr id="xdx_40D_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--TestingMember_zDk5CatyT6u6"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Testing</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">14</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">79</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">39</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">269</span></td></tr> <tr id="xdx_407_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--ITServicesMember_zwRsmv0bvKud" style="background-color: #CCEEFF"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">IT services</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">384</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">347</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">739</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">681</span></td></tr> <tr id="xdx_407_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--InsuranceMember_zph8FOz37pNf"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Insurance</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">226</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">213</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">452</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">414</span></td></tr> <tr id="xdx_407_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--ManufacturingOtherExpenseMember_zxt3nWGmfFRj" style="background-color: #CCEEFF"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Manufacturing other expense</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">220</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">277</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">562</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">167</span></td></tr> <tr id="xdx_405_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--SellingGeneralAndAdministrativeOtherExpenseMember_zId7DmlxoQMl"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Selling, general and administrative expense</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,345</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">813</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,670</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,219</span></td></tr> <tr id="xdx_402_eus-gaap--CostsAndExpenses_zItzFuEWoiDj" style="background-color: #CCEEFF"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total Expense</span></td> <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">15,490</span></td> <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17,126</span></td> <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">29,410</span></td> <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">31,407</span></td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_401_eus-gaap--NetIncomeLoss_zhz4MbiAsshd" style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net Income (loss)</span></td> <td style="border-top: black 1pt solid; border-bottom: black 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$  (158)</span></td> <td style="border-top: black 1pt solid; border-bottom: black 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$   3,233</span></td> <td style="border-top: black 1pt solid; border-bottom: black 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$  (1,120)</span></td> <td style="border-top: black 1pt solid; border-bottom: black 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$   3,577</span></td></tr> </table> <p id="xdx_8AF_zGPpa3oQOMfl" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Revenue from international sources approximated $<span id="xdx_90A_eus-gaap--Revenues_pn3n3_c20260401__20260630__srt--StatementGeographicalAxis__us-gaap--NonUsMember_zWGkasTu8tu5">477</span> and $<span id="xdx_904_eus-gaap--Revenues_pn3n3_c20250401__20250630__srt--StatementGeographicalAxis__us-gaap--NonUsMember_zfMAiEXlzlGa">2,519</span> for the three months ended June 30, 2026 and 2025, respectively, and $<span id="xdx_90B_eus-gaap--Revenues_pn3n3_c20260101__20260630__srt--StatementGeographicalAxis__us-gaap--NonUsMember_zhByfosyXi8g">1,391</span> and $<span id="xdx_909_eus-gaap--Revenues_pn3n3_c20250101__20250630__srt--StatementGeographicalAxis__us-gaap--NonUsMember_zcxBCP9fI4Jd">3,512</span> for the six months ended June 30, 2026 and 2025, respectively. As part of our revenue from international sources, we recognized approximately $<span id="xdx_909_eus-gaap--Revenues_pn3n3_c20260401__20260630__srt--ProductOrServiceAxis__us-gaap--ProductMember__srt--StatementGeographicalAxis__country--CA_zTHOQWDjBnIi">244</span> and $<span id="xdx_909_eus-gaap--Revenues_pn3n3_c20250401__20250630__srt--ProductOrServiceAxis__us-gaap--ProductMember__srt--StatementGeographicalAxis__country--CA_z0kmVZHOKC8j">245</span> for the three months ended June 30, 2026 and 2025, respectively, and $<span id="xdx_901_eus-gaap--Revenues_pn3n3_c20260101__20260630__srt--ProductOrServiceAxis__us-gaap--ProductMember__srt--StatementGeographicalAxis__country--CA_zKHuu2mNL494">857</span> and $<span id="xdx_903_eus-gaap--Revenues_pn3n3_c20250101__20250630__srt--ProductOrServiceAxis__us-gaap--ProductMember__srt--StatementGeographicalAxis__country--CA_zGl1vX6pnHK3">593</span> for the six months ended June 30, 2026 and 2025, respectively, in product revenue from companies in Canada.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_892_eus-gaap--DisaggregationOfRevenueTableTextBlock_zs5cCnyTmv2d" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Our operations comprise a single business segment and all of our long-lived assets are located within the United States. We categorize our revenue stream into three main product categories, personal care ingredients, advanced materials and consumer products. <span id="xdx_8B9_z69tAr9ICS8h">The revenues for the three and six months ended June 30, 2026 and 2025 by category are as follows:</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 95%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Three months ended June 30,</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Six months ended June 30,</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1pt solid"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Product Category</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: bottom; width: 43%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consumer Products</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_982_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20260401__20260630__srt--ProductOrServiceAxis__custom--ConsumerProductsMember_zijPGnSidyii" style="vertical-align: top; width: 10%; text-align: right" title="Consumer Products"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">14,214</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_981_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20250401__20250630__srt--ProductOrServiceAxis__custom--ConsumerProductsMember_zz1Xfx6ozBqb" style="vertical-align: bottom; width: 10%; text-align: right" title="Consumer Products"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17,544</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_989_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20260101__20260630__srt--ProductOrServiceAxis__custom--ConsumerProductsMember_zT5A6EqrSupj" style="vertical-align: top; width: 10%; text-align: right" title="Consumer Products"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">24,241</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_980_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20250101__20250630__srt--ProductOrServiceAxis__custom--ConsumerProductsMember_zewME0Xbzr4l" style="vertical-align: bottom; width: 10%; text-align: right" title="Consumer Products"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">30,426</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Personal Care Ingredients</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98D_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20260401__20260630__srt--ProductOrServiceAxis__custom--PersonalCareIngredientsMember_zo5zu4Mff5i5" style="vertical-align: top; text-align: right" title="Personal Care Ingredients"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,077</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_982_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20250401__20250630__srt--ProductOrServiceAxis__custom--PersonalCareIngredientsMember_zbf0BcX5s6c6" style="vertical-align: bottom; text-align: right" title="Personal Care Ingredients"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,687</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_987_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20260101__20260630__srt--ProductOrServiceAxis__custom--PersonalCareIngredientsMember_zjSsHWEUBkU3" style="vertical-align: top; text-align: right" title="Personal Care Ingredients"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,803</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98B_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20250101__20250630__srt--ProductOrServiceAxis__custom--PersonalCareIngredientsMember_zbQNACBBZrwf" style="vertical-align: bottom; text-align: right" title="Personal Care Ingredients"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,061</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Advanced Materials</span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_982_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20260401__20260630__srt--ProductOrServiceAxis__custom--AdvancedMaterialsMember_zviEufu4qhCg" style="border-bottom: black 1pt solid; vertical-align: top; text-align: right" title="Advanced Materials"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">41</span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98A_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20250401__20250630__srt--ProductOrServiceAxis__custom--AdvancedMaterialsMember_zKqSVQtMJFYb" style="border-bottom: black 1pt solid; vertical-align: bottom; text-align: right" title="Advanced Materials"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">128</span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98D_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20260101__20260630__srt--ProductOrServiceAxis__custom--AdvancedMaterialsMember_z8ssWmWG7Gqj" style="border-bottom: black 1pt solid; vertical-align: top; text-align: right" title="Advanced Materials"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">246</span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_984_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20250101__20250630__srt--ProductOrServiceAxis__custom--AdvancedMaterialsMember_zh2xBYuWom8e" style="border-bottom: black 1pt solid; vertical-align: bottom; text-align: right" title="Advanced Materials"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">497</span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; padding-bottom: 2pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total Sales</span></td> <td style="vertical-align: bottom; padding-bottom: 2pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_980_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20260401__20260630_zX111cpRuFA3" style="border-bottom: black 2.25pt double; vertical-align: top; text-align: right" title="Total revenue"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">15,332</span></td> <td style="vertical-align: bottom; padding-bottom: 2pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-bottom: 2pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_98A_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20250401__20250630_z5q5JvPcPnt" style="border-bottom: black 2.25pt double; vertical-align: bottom; text-align: right" title="Total revenue"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">20,359</span></td> <td style="vertical-align: bottom; padding-bottom: 2pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-bottom: 2pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_986_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20260101__20260630_zFjZ47cdWLIh" style="border-bottom: black 2.25pt double; vertical-align: top; text-align: right" title="Total revenue"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">28,290</span></td> <td style="vertical-align: bottom; padding-bottom: 2pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-bottom: 2pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_98E_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20250101__20250630_z9fYvPam6gC5" style="border-bottom: black 2.25pt double; vertical-align: bottom; text-align: right" title="Total revenue"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">34,984</span></td> <td style="vertical-align: bottom; padding-bottom: 2pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> </table> <p id="xdx_8A2_z2vICbaSZSdc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">  </span></p> <p id="xdx_891_eus-gaap--ScheduleOfSegmentReportingInformationBySegmentTextBlock_zOm5gMmy3jf6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Chief Operating Decision Maker uses gross profit and net income to evaluate Company performance and in what way to allocate resources. <span id="xdx_8B5_zccrlEd3Lf73">Significant segment expenses, which are the same as the entity as a whole, are as follows:</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td id="xdx_49E_20260401__20260630_zFmIcOfFmktb" style="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td id="xdx_493_20250401__20250630_zqZzgz3HJwXg" style="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td id="xdx_495_20260101__20260630_zy8ow6HETtl6" style="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td id="xdx_497_20250101__20250630_zOfieq0VNt66" style="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td></tr> <tr> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>For the three months ended June 30,</b></span></td> <td colspan="2" style="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>For the six months ended June 30,</b></span></td></tr> <tr> <td style="width: 40%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td style="border-bottom: black 1pt solid; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td> <td style="border-bottom: black 1pt solid; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td style="border-bottom: black 1pt solid; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td></tr> <tr id="xdx_40D_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_zeNAqiQF0bKj" style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total revenue</span></td> <td style="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$  15,332</span></td> <td style="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$   20,359</span></td> <td style="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$  28,290</span></td> <td style="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$   34,984</span></td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_40E_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--EmployeeCostsMember_zvqIjyrmbkud" style="background-color: #CCEEFF"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Employee costs</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,723</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,961</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7,832</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7,327</span></td></tr> <tr id="xdx_407_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--ContractorsAndProfessionalServicesMember_zrjFf07fbWJf"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Contractors and professional services</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,471</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,787</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5,011</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7,205</span></td></tr> <tr id="xdx_400_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--MaterialsAndSuppliesMember_z6axSFMSJGde" style="background-color: #CCEEFF"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Materials and supplies</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5,196</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">6,897</td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">9,403</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">11,742</span></td></tr> <tr id="xdx_40A_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--DepreciationMember_zBOTvtzJFqC6"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Depreciation</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">323</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">225</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">636</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">451</span></td></tr> <tr id="xdx_407_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--InterestExpensesMember_zJyylY3xR9Ra" style="background-color: #CCEEFF"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest expense</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">279</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">282</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">543</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">458</span></td></tr> <tr id="xdx_40D_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--OtherIncomeExpenseMember_zNyI2yoXKkui"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other (income)</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0837">—</span></span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1,428)</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0839">—</span></span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1,428)</span></td></tr> <tr id="xdx_400_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--TaxExpenseMember_zy07j4NJJ2q4" style="background-color: #CCEEFF"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Tax expense</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">36</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">418</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">56</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">447</span></td></tr> <tr id="xdx_40D_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--FacilitiesMember_zZves9cVCEja"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Facilities</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">938</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">990</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,906</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,933</span></td></tr> <tr id="xdx_401_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--ShippingMember_znabG7ScGEpc" style="background-color: #CCEEFF"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shipping</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">335</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">265</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">561</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">522</span></td></tr> <tr id="xdx_40D_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--TestingMember_zDk5CatyT6u6"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Testing</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">14</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">79</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">39</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">269</span></td></tr> <tr id="xdx_407_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--ITServicesMember_zwRsmv0bvKud" style="background-color: #CCEEFF"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">IT services</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">384</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">347</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">739</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">681</span></td></tr> <tr id="xdx_407_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--InsuranceMember_zph8FOz37pNf"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Insurance</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">226</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">213</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">452</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">414</span></td></tr> <tr id="xdx_407_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--ManufacturingOtherExpenseMember_zxt3nWGmfFRj" style="background-color: #CCEEFF"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Manufacturing other expense</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">220</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">277</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">562</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">167</span></td></tr> <tr id="xdx_405_eus-gaap--CostsAndExpenses_hus-gaap--NatureOfExpenseAxis__custom--SellingGeneralAndAdministrativeOtherExpenseMember_zId7DmlxoQMl"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Selling, general and administrative expense</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,345</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">813</span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,670</span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,219</span></td></tr> <tr id="xdx_402_eus-gaap--CostsAndExpenses_zItzFuEWoiDj" style="background-color: #CCEEFF"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total Expense</span></td> <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">15,490</span></td> <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17,126</span></td> <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">29,410</span></td> <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">31,407</span></td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_401_eus-gaap--NetIncomeLoss_zhz4MbiAsshd" style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net Income (loss)</span></td> <td style="border-top: black 1pt solid; border-bottom: black 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$  (158)</span></td> <td style="border-top: black 1pt solid; border-bottom: black 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$   3,233</span></td> <td style="border-top: black 1pt solid; border-bottom: black 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$  (1,120)</span></td> <td style="border-top: black 1pt solid; border-bottom: black 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$   3,577</span></td></tr> </table> 15332000 20359000 28290000 34984000 3723000 3961000 7832000 7327000 2471000 3787000 5011000 7205000 5196000 6897000 9403000 11742000 323000 225000 636000 451000 279000 282000 543000 458000 -1428000 -1428000 36000 418000 56000 447000 938000 990000 1906000 1933000 335000 265000 561000 522000 14000 79000 39000 269000 384000 347000 739000 681000 226000 213000 452000 414000 220000 277000 562000 167000 1345000 813000 1670000 1219000 15490000 17126000 29410000 31407000 -158000 3233000 -1120000 3577000 477000 2519000 1391000 3512000 244000 245000 857000 593000 <p id="xdx_892_eus-gaap--DisaggregationOfRevenueTableTextBlock_zs5cCnyTmv2d" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Our operations comprise a single business segment and all of our long-lived assets are located within the United States. We categorize our revenue stream into three main product categories, personal care ingredients, advanced materials and consumer products. <span id="xdx_8B9_z69tAr9ICS8h">The revenues for the three and six months ended June 30, 2026 and 2025 by category are as follows:</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 95%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Three months ended June 30,</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Six months ended June 30,</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1pt solid"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Product Category</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2026</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2025</b></span></td> <td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: bottom; width: 43%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consumer Products</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_982_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20260401__20260630__srt--ProductOrServiceAxis__custom--ConsumerProductsMember_zijPGnSidyii" style="vertical-align: top; width: 10%; text-align: right" title="Consumer Products"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">14,214</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_981_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20250401__20250630__srt--ProductOrServiceAxis__custom--ConsumerProductsMember_zz1Xfx6ozBqb" style="vertical-align: bottom; width: 10%; text-align: right" title="Consumer Products"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17,544</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_989_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20260101__20260630__srt--ProductOrServiceAxis__custom--ConsumerProductsMember_zT5A6EqrSupj" style="vertical-align: top; width: 10%; text-align: right" title="Consumer Products"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">24,241</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_980_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20250101__20250630__srt--ProductOrServiceAxis__custom--ConsumerProductsMember_zewME0Xbzr4l" style="vertical-align: bottom; width: 10%; text-align: right" title="Consumer Products"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">30,426</span></td> <td style="vertical-align: bottom; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Personal Care Ingredients</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98D_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20260401__20260630__srt--ProductOrServiceAxis__custom--PersonalCareIngredientsMember_zo5zu4Mff5i5" style="vertical-align: top; text-align: right" title="Personal Care Ingredients"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,077</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_982_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20250401__20250630__srt--ProductOrServiceAxis__custom--PersonalCareIngredientsMember_zbf0BcX5s6c6" style="vertical-align: bottom; text-align: right" title="Personal Care Ingredients"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,687</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_987_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20260101__20260630__srt--ProductOrServiceAxis__custom--PersonalCareIngredientsMember_zjSsHWEUBkU3" style="vertical-align: top; text-align: right" title="Personal Care Ingredients"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,803</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98B_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20250101__20250630__srt--ProductOrServiceAxis__custom--PersonalCareIngredientsMember_zbQNACBBZrwf" style="vertical-align: bottom; text-align: right" title="Personal Care Ingredients"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,061</span></td> <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Advanced Materials</span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_982_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20260401__20260630__srt--ProductOrServiceAxis__custom--AdvancedMaterialsMember_zviEufu4qhCg" style="border-bottom: black 1pt solid; vertical-align: top; text-align: right" title="Advanced Materials"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">41</span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98A_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20250401__20250630__srt--ProductOrServiceAxis__custom--AdvancedMaterialsMember_zKqSVQtMJFYb" style="border-bottom: black 1pt solid; vertical-align: bottom; text-align: right" title="Advanced Materials"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">128</span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98D_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20260101__20260630__srt--ProductOrServiceAxis__custom--AdvancedMaterialsMember_z8ssWmWG7Gqj" style="border-bottom: black 1pt solid; vertical-align: top; text-align: right" title="Advanced Materials"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">246</span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_984_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20250101__20250630__srt--ProductOrServiceAxis__custom--AdvancedMaterialsMember_zh2xBYuWom8e" style="border-bottom: black 1pt solid; vertical-align: bottom; text-align: right" title="Advanced Materials"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">497</span></td> <td style="vertical-align: bottom; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; padding-bottom: 2pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total Sales</span></td> <td style="vertical-align: bottom; padding-bottom: 2pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_980_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20260401__20260630_zX111cpRuFA3" style="border-bottom: black 2.25pt double; vertical-align: top; text-align: right" title="Total revenue"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">15,332</span></td> <td style="vertical-align: bottom; padding-bottom: 2pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-bottom: 2pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_98A_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20250401__20250630_z5q5JvPcPnt" style="border-bottom: black 2.25pt double; vertical-align: bottom; text-align: right" title="Total revenue"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">20,359</span></td> <td style="vertical-align: bottom; padding-bottom: 2pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-bottom: 2pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_986_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20260101__20260630_zFjZ47cdWLIh" style="border-bottom: black 2.25pt double; vertical-align: top; text-align: right" title="Total revenue"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">28,290</span></td> <td style="vertical-align: bottom; padding-bottom: 2pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-bottom: 2pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 2.25pt double; vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_98E_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_c20250101__20250630_z9fYvPam6gC5" style="border-bottom: black 2.25pt double; vertical-align: bottom; text-align: right" title="Total revenue"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">34,984</span></td> <td style="vertical-align: bottom; padding-bottom: 2pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> </table> 14214000 17544000 24241000 30426000 1077000 2687000 3803000 4061000 41000 128000 246000 497000 15332000 20359000 28290000 34984000 <p id="xdx_800_eus-gaap--SubsequentEventsTextBlock_zcn703jy1X6l" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(10) <span id="xdx_827_zvBS33VaIn61">Subsequent Events</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On July 6, 2026, subsequent to June 30, 2026 and prior to the issuance of these unaudited consolidated condensed financial statements, Solésence, LLC (“Solésence”), a wholly owned subsidiary of Solésence, Inc. (the “Company”), entered into a Settlement Agreement and Release (the “Settlement Agreement”) with Refy Beauty Ltd (“Refy”). The Settlement Agreement resolves disputes relating to certain consumer care products previously sold by Solésence to Refy.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The underlying dispute related to conditions that existed as of June 30, 2026. The Settlement Agreement provided additional evidence regarding the measurement of the Company’s obligation associated with those conditions and, accordingly, was accounted for as a recognized subsequent event under ASC Topic 855, <i>Subsequent Events</i>. As of June 30, 2026, the Company recognized a settlement liability of $<span id="xdx_90F_eus-gaap--LossContingencyAccrualCarryingValueCurrent_iI_pn3n3_c20260630__srt--LitigationCaseAxis__custom--SettlementAgreementWithRefyBeautyLtdMember_z2QEB8YPBVc6" title="Settlement liability">938</span>, with the corresponding amount reflected as a settlement expense classified as general and administrative in the unaudited consolidated condensed statements of operations for the three and six months ended June 30, 2026. Of the settlement liability recognized at June 30, 2026, the full amount was classified as short-term and included in the current liabilities section of the unaudited consolidated condensed balance sheet.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Settlement Agreement provides for an aggregate settlement amount of £<span id="xdx_902_eus-gaap--LitigationSettlementAmountAwardedToOtherParty_pin3_uGBP_c20260705__20260706__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__srt--LitigationCaseAxis__custom--SettlementAgreementWithRefyBeautyLtdMember_zZ0tMvXgCUAj" title="Settlement amount">700</span>, payable in U.S. dollars using a fixed exchange rate of $<span id="xdx_90C_eus-gaap--ForeignCurrencyExchangeRateTranslation1_iI_pip0_c20260706__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__srt--LitigationCaseAxis__custom--SettlementAgreementWithRefyBeautyLtdMember_zLWk2AJl7tVe" title="Fixed exchange rate, U.S. dollars per British pound">1.34</span> per British pound, resulting in an aggregate U.S. dollar obligation of $<span id="xdx_908_eus-gaap--LitigationSettlementAmountAwardedToOtherParty_pin3_uUSD_c20260705__20260706__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__srt--LitigationCaseAxis__custom--SettlementAgreementWithRefyBeautyLtdMember_zzhZswFhANQi" title="Settlement amount">938</span>. The first $<span id="xdx_903_eus-gaap--LitigationSettlementAmountAwardedToOtherParty_pin3_c20260705__20260706__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__srt--LitigationCaseAxis__custom--SettlementAgreementWithRefyBeautyLtdMember__us-gaap--LossContingenciesByNatureOfContingencyAxis__custom--PayableInSixMonthlyInstallmentsMember_ze65bM8FVCf1" title="Settlement amount">469</span> is payable in six monthly installments beginning August 5, 2026 and ending January 4, 2027. The parties also agreed to a six-month exclusivity period during which they will seek to develop a new sun protection factor (“SPF”) product and negotiate a potential commercial agreement for the development and/or supply of the SPF product.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If the parties enter into such a commercial agreement during the exclusivity period, the remaining <span id="xdx_900_eus-gaap--LitigationSettlementAmountAwardedToOtherParty_pin3_c20260705__20260706__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__srt--LitigationCaseAxis__custom--SettlementAgreementWithRefyBeautyLtdMember__us-gaap--LossContingenciesByNatureOfContingencyAxis__custom--PayableEitherAsCreditsAgainstPurchasesUnderCommercialAgreementOrInSixMonthlyInstallmentsMember_zIl6rO9KtBp4" title="Settlement amount">$469</span> of the settlement obligation will be applied as credits against purchases under that agreement. If the parties do not enter into a commercial agreement during the exclusivity period, the remaining <span id="xdx_90A_eus-gaap--LitigationSettlementAmountAwardedToOtherParty_pin3_c20260705__20260706__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__srt--LitigationCaseAxis__custom--SettlementAgreementWithRefyBeautyLtdMember__us-gaap--LossContingenciesByNatureOfContingencyAxis__custom--PayableEitherAsCreditsAgainstPurchasesUnderCommercialAgreementOrInSixMonthlyInstallmentsMember_zp4X5ysyxAKa" title="Settlement amount">$469</span> will be payable in six monthly installments beginning February 3, 2027 and ending July 7, 2027. Because the aggregate settlement obligation is fixed, execution of a new commercial agreement affects only the form in which the final <span id="xdx_908_eus-gaap--LitigationSettlementAmountAwardedToOtherParty_pin3_c20260705__20260706__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__srt--LitigationCaseAxis__custom--SettlementAgreementWithRefyBeautyLtdMember__us-gaap--LossContingenciesByNatureOfContingencyAxis__custom--PayableEitherAsCreditsAgainstPurchasesUnderCommercialAgreementOrInSixMonthlyInstallmentsMember_zbOcX44LENG1" title="Settlement amount">$469</span> is satisfied rather than the total amount of the obligation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"> </p> 938000 700000 1.34 938000 469000 469000 469000 469000 <p id="xdx_809_eus-gaap--ErrorCorrectionTextBlock_zgrMkVGMj79a" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>(11) <span id="xdx_82D_zvAdEpRC5kG4">Restatement of Previously Issued Consolidated Financial Statements</span> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Nature of the errors</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">During its review of inventory accounting in connection with the preparation of its unaudited condensed consolidated financial statements for the quarter ended June 30, 2026, Solésence, Inc. (the “Company”) identified errors in its historical accounting for labor and overhead included in inventories. The historical process allocated certain labor and overhead between raw materials, work in process and finished goods using budget-based percentages and allocation bases that were not sufficiently supported. The process also did not consistently limit capitalized costs to eligible acquisition and production costs, allocate variable overhead based on actual activity, allocate fixed overhead based on normal capacity, or adjust standard or budgeted amounts so that they approximated actual cost. The Company concluded that the historical process did not comply with the inventory-costing requirements in ASC 330, Inventory.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">As a result, inventories were overstated and cost of revenue were misstated. The errors also affected gross profit, operating income (loss), income (loss) before income taxes, net income (loss), basic and diluted earnings (loss) per share, accumulated deficit, total stockholders’ equity and related disclosures in the periods affected. The Company determined the correction from its accounting records, including general-ledger and inventory detail, cost-pool and burden-rate schedules, inventory roll-forwards and the Company’s internal inventory-cost model.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Restatement conclusion and affected filings</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">After considering the requirements of ASC 250, Accounting Changes and Error Corrections, and the quantitative and qualitative factors in SEC Staff Accounting Bulletin (“SAB”) Topic 1.M and Topic 1.N, on August 17, 2026, the Audit Committee, Board of Directors and Executive Officers concluded that the Company’s previously issued consolidated financial statements as of and for December 31, 2023, March 31, 2024, June 30, 2024, September 30, 2024, December 31, 2024, March 31, 2025, June 30, 2025, September 30, 2025, December 31, 2025 and March 31, 2026 should no longer be relied upon and should be restated. The Company will reiterate its report of the corrections in a Current Report on Form 8-K filed on August 20, 2026. The Company expects to file amendments to its Annual Reports on Form 10-K which may include the years ended December 31, 2023, 2024 &amp; 2025 and its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2024, June 30, 2024, September 30, 2024, March 31, 2025, June 30, 2025, September 30, 2025 and March 31, 2026 in the coming weeks.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Based on the Company’s preliminary analysis (subject to revision, if determined to be appropriate, in the amendments to the Reports listed in the immediately preceding paragraph), the accompanying unaudited condensed consolidated financial statements for the three and six months ended June 30, 2025 and the related notes have been restated to correct the errors. The balance sheet as of December 31, 2025 also has been restated. The financial statements for the three and six months ended June 30, 2026 were prepared using the corrected inventory-costing methodology and therefore are not themselves restated</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p id="xdx_895_eus-gaap--ScheduleOfErrorCorrectionsAndPriorPeriodAdjustmentsTextBlock_zv1a7kx7P8lf" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><span id="xdx_8BC_zye5DnOlKFQi">The effects of the restatement on the previously issued financial statements presented or otherwise required to be disclosed in this Quarterly Report are set forth below.</span> “As Previously Reported” amounts are derived from the applicable filed financial statements. “Adjustment” amounts reflect the correction of the inventory-costing errors and the related income-tax and per-share effects. Certain amounts may not sum due to rounding.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Effect on the consolidated balance sheet</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">December 31, 2025</p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="background-color: #F2F4F7"> <td style="border: #B8C0C8 1pt solid; width: 40%; text-align: justify"><span style="font-size: 10pt">Line item</span></td> <td id="xdx_49A_20251231__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_zto1VvvsnuQ9" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Previously Reported</span></td> <td id="xdx_496_20251231__srt--RestatementAxis__srt--RevisionOfPriorPeriodErrorCorrectionAdjustmentMember_zoUrLqD19ky5" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">Adjustment</span></td> <td id="xdx_49E_20251231_zzMjqHWJow66" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Restated</span></td></tr> <tr id="xdx_40E_eus-gaap--InventoryNet_iI_pn3n3_zw8ZfMe3XRyf"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Inventories, net</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$18,511</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$(3,548)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$14,963</span></td></tr> <tr id="xdx_40A_eus-gaap--AssetsCurrent_iI_pn3n3_z4jsmUVYp0xg" style="background-color: #FAFBFC"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Total current assets</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">28,776</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(3,548)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">25,228</span></td></tr> <tr id="xdx_40E_eus-gaap--Assets_iI_pn3n3_zQqElIcj5uD2"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Total assets</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">50,055</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(3,548)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">46,507</span></td></tr> <tr id="xdx_405_eus-gaap--RetainedEarningsAccumulatedDeficit_iI_pn3n3_z9P4a90cPrH"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Accumulated deficit</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(98,638)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(3,548)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(102,186)</span></td></tr> <tr id="xdx_40E_eus-gaap--StockholdersEquity_iI_pn3n3_z33vrQk5LlO6"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Total stockholders’ equity</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">17,634</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(3,548)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">14,086</span></td></tr> <tr id="xdx_408_eus-gaap--LiabilitiesAndStockholdersEquity_iI_pn3n3_zJHZOz88W8Sa"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Total liabilities and stockholders’ equity</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">50,055</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(3,548)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">46,507</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Effect on the consolidated statements of operations</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Three months ended June 30, 2025</p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="background-color: #F2F4F7"> <td style="border: #B8C0C8 1pt solid; width: 40%; text-align: justify"><span style="font-size: 10pt">Line item</span></td> <td id="xdx_49E_20250401__20250630__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_zjTClLNCfiJ" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Previously Reported</span></td> <td id="xdx_490_20250401__20250630__srt--RestatementAxis__srt--RevisionOfPriorPeriodErrorCorrectionAdjustmentMember_z29SY7y7IWQ4" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">Adjustment</span></td> <td id="xdx_492_20250401__20250630_zykKwSvvYvMj" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Restated</span></td></tr> <tr id="xdx_402_eus-gaap--CostOfGoodsAndServicesSold_pn3n3_zxHjwhRLOEm"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Cost of revenue</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$14,482</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(566)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">13,916</span></td></tr> <tr id="xdx_40E_eus-gaap--GrossProfit_pn3n3_zCBBgh2pFS79"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Gross profit</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">5,877</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">566</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">6,443</span></td></tr> <tr id="xdx_40F_eus-gaap--ResearchAndDevelopmentExpense_pn3n3_zjKGfJ9C1cEl"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Research and development expense</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">955</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0991">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">955</span></td></tr> <tr id="xdx_403_eus-gaap--SellingGeneralAndAdministrativeExpense_pn3n3_zDwsfoNYviIj"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Selling, general and administrative expense</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">3,012</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0995">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">3,012</span></td></tr> <tr id="xdx_406_eus-gaap--OperatingIncomeLoss_pn3n3_zq6pYjYjEaej"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Operating income</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">1,910</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">553</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">2,476</span></td></tr> <tr id="xdx_408_eus-gaap--InterestIncomeExpenseNonoperatingNet_iN_pn3n3_di_zeT6CzEPbldk"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Interest expense, net</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">87</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1003">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">87</span></td></tr> <tr id="xdx_402_eus-gaap--OtherNonoperatingIncome_pn3n3_zPY3W20VXP3h"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Other income, net</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">1,234</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1007">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">1,234</span></td></tr> <tr id="xdx_40D_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_zKlPTj5TPngj"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Income before income taxes</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">3,057</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">553</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">3,623</span></td></tr> <tr id="xdx_409_eus-gaap--IncomeTaxExpenseBenefit_pn3n3_zk3H4Tuuqjla"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Provision for income taxes</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">390</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1015">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">390</span></td></tr> <tr id="xdx_409_eus-gaap--NetIncomeLoss_pn3n3_z19V5Zn45U4d"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Net income</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">2,667</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">566</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">3,233</span></td></tr> <tr id="xdx_40D_eus-gaap--EarningsPerShareBasic_pp2p0_zGhpVpEsU2"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Net income per share — basic</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$0.04</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1023">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">$0.04</span></td></tr> <tr id="xdx_400_eus-gaap--EarningsPerShareDiluted_pp2p0_zgqqFNQxwFpd"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Net income per share — diluted</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$0.04</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1027">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">$0.04</span></td></tr> <tr id="xdx_40F_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pp0p0_zCfQ9Gj9rgT5"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Weighted-average shares — basic</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">70,200,039</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1031">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">70,200,039</span></td></tr> <tr id="xdx_40F_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pp0p0_zuds70yf5Xsg"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Weighted-average shares — diluted</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">72,580,679</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1035">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">72,580,679</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Six months ended June 30, 2025</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="background-color: #F2F4F7"> <td style="border: #B8C0C8 1pt solid; width: 40%; text-align: justify"><span style="font-size: 10pt">Line item</span></td> <td id="xdx_493_20250101__20250630__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_z1YPTaBd3AZ2" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Previously Reported</span></td> <td id="xdx_496_20250101__20250630__srt--RestatementAxis__srt--RevisionOfPriorPeriodErrorCorrectionAdjustmentMember_z9TWe9xFuK94" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">Adjustment</span></td> <td id="xdx_498_20250101__20250630_zqB2wJuazW61" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Restated</span></td></tr> <tr id="xdx_402_eus-gaap--CostOfGoodsAndServicesSold_pn3n3_zg5D9hrbjcL"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Cost of revenue</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$25,725</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(830)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">24,895</span></td></tr> <tr id="xdx_40E_eus-gaap--GrossProfit_pn3n3_zQPWxQoDGEhb"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Gross profit</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">9,259</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">830</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">10,089</span></td></tr> <tr id="xdx_40F_eus-gaap--ResearchAndDevelopmentExpense_pn3n3_zQAZe31Jf8hb"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Research and development expense</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">1,973</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1048">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">1,973</span></td></tr> <tr id="xdx_403_eus-gaap--SellingGeneralAndAdministrativeExpense_pn3n3_zvcXXIb6wT6d"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Selling, general and administrative expense</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">5,120</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1052">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">5,120</span></td></tr> <tr id="xdx_406_eus-gaap--OperatingIncomeLoss_pn3n3_zGWMdjsYDUeg"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Operating income</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">2,166</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">830</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">2,996</span></td></tr> <tr id="xdx_405_eus-gaap--InterestIncomeExpenseNonoperatingNet_iN_pn3n3_di_zJhydlunyNZk"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Interest expense, net</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">263</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1060">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">263</span></td></tr> <tr id="xdx_402_eus-gaap--OtherNonoperatingIncome_pn3n3_zJKCNiKGrZNk"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Other income, net</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">1,234</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1064">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">1,234</span></td></tr> <tr id="xdx_40D_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_zMwgu0TqsaG5"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Income before income taxes</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">3,137</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">830</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">3,967</span></td></tr> <tr id="xdx_409_eus-gaap--IncomeTaxExpenseBenefit_pn3n3_zJMRWTM9ynil"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Provision for income taxes</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">390</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1072">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">390</span></td></tr> <tr id="xdx_409_eus-gaap--NetIncomeLoss_pn3n3_zUFKcP9GMygg"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Net income</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">2,747</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">830</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">3,577</span></td></tr> <tr id="xdx_40D_eus-gaap--EarningsPerShareBasic_pp2p0_z6zLmCnsYiVk"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Net income per share — basic</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$0.04</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">$0.01</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">$0.05</span></td></tr> <tr id="xdx_400_eus-gaap--EarningsPerShareDiluted_pp2p0_zY6pKgw8ZqGh"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Net income per share — diluted</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">$0.04</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">$0.01</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">$0.05</span></td></tr> <tr id="xdx_40F_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pp0p0_ztGeAEGpoKc6"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Weighted-average shares — basic</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">70,151,928</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1088">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">70,151,928</span></td></tr> <tr id="xdx_40F_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pp0p0_z051r3wMdNk8"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Weighted-average shares — diluted</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">72,497,929</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1092">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">72,497,929</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Effect on the previously issued first-quarter 2026 financial statements</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">March 31, 2026 — consolidated balance sheet</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="background-color: #F2F4F7"> <td style="border: #B8C0C8 1pt solid; width: 40%; text-align: justify"><span style="font-size: 10pt">Line item</span></td> <td id="xdx_491_20260331__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_z3h8ULkZfmDd" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Previously Reported</span></td> <td id="xdx_498_20260331__srt--RestatementAxis__srt--RevisionOfPriorPeriodErrorCorrectionAdjustmentMember_zW5kF6MstVg8" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">Adjustment</span></td> <td id="xdx_497_20260331_z1b3mWvtwyd9" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Restated</span></td></tr> <tr id="xdx_40E_eus-gaap--InventoryNet_iI_pn3n3_zGNVxcuD7n9l"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Inventories, net</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$17,559</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$(3,744)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$13,815</span></td></tr> <tr id="xdx_40A_eus-gaap--AssetsCurrent_iI_pn3n3_zbuMzMY0keW9" style="background-color: #FAFBFC"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Total current assets</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">26,413</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(3,744)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">22,672</span></td></tr> <tr id="xdx_40E_eus-gaap--Assets_iI_pn3n3_zF5O38cLbod9"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Total assets</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">47,794</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(3,744)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">44,050</span></td></tr> <tr id="xdx_405_eus-gaap--RetainedEarningsAccumulatedDeficit_iI_pn3n3_zS6xvOQasze8"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Accumulated deficit</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(99,404)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(3,744)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(103,148)</span></td></tr> <tr id="xdx_40E_eus-gaap--StockholdersEquity_iI_pn3n3_zZC5PSMu4117"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Total stockholders’ equity</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">16,967</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(3,744)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">13,223</span></td></tr> <tr id="xdx_408_eus-gaap--LiabilitiesAndStockholdersEquity_iI_pn3n3_zxxWnw7j0KEf"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Total liabilities and stockholders’ equity</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">47,794</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(3,744)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">44,050</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p> <div><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Three months ended March 31, 2026 — consolidated statement of operations</p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="background-color: #F2F4F7"> <td style="border: #B8C0C8 1pt solid; width: 40%; text-align: justify"><span style="font-size: 10pt">Line item</span></td> <td id="xdx_495_20260101__20260331__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_zDNHAI7tIFl3" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Previously Reported</span></td> <td id="xdx_49D_20260101__20260331__srt--RestatementAxis__srt--RevisionOfPriorPeriodErrorCorrectionAdjustmentMember_zQdKckOaRCNk" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">Adjustment</span></td> <td id="xdx_496_20260101__20260331_zYftZ52RQBie" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Restated</span></td></tr> <tr id="xdx_402_eus-gaap--CostOfGoodsAndServicesSold_pn3n3_zl9gcKU7yBj3"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Cost of revenue</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$9,620</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">196</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">9,816</span></td></tr> <tr id="xdx_40E_eus-gaap--GrossProfit_pn3n3_zP18wg3MOSb8"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Gross profit</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">3,337</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(196)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">3,141</span></td></tr> <tr id="xdx_40F_eus-gaap--ResearchAndDevelopmentExpense_pn3n3_zGk5FIAql0l3"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Research and development expense</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">1,042</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1128">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">1,042</span></td></tr> <tr id="xdx_403_eus-gaap--SellingGeneralAndAdministrativeExpense_pn3n3_zB7CHSm6dEmd"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Selling, general and administrative expense</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">2,799</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1132">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">2,799</span></td></tr> <tr id="xdx_406_eus-gaap--OperatingIncomeLoss_pn3n3_zS0X0GYcLLs2"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Operating loss</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(504)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(196)</span></td> <td id="xdx_988_eus-gaap--OperatingIncomeLoss_pn3n3_c20260101__20260331_zLNjkHkjRZnj" style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify" title="Operating income (loss)"><span style="font-size: 10pt">(700)</span></td></tr> <tr id="xdx_40D_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_zqLSCSzi0hf2"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Loss before income taxes</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">(766)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(196)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(962)</span></td></tr> <tr id="xdx_409_eus-gaap--IncomeTaxExpenseBenefit_pn3n3_zKxZMheJoJw7"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Provision for income taxes</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1145">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1146">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1147">—</span></span></td></tr> <tr id="xdx_409_eus-gaap--NetIncomeLoss_pn3n3_zQe7izXXt6if"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Net loss</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">(766)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(196)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(962)</span></td></tr> <tr id="xdx_40D_eus-gaap--EarningsPerShareBasic_pp2p0_zh8fASr5tzd2"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Net loss per share — basic</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$(0.01)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">$0.00</span></td> <td id="xdx_988_eus-gaap--EarningsPerShareBasic_pp2p0_c20260101__20260331_ze3jpFzP08bi" style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify" title="Net income (loss) per share-basic"><span style="font-size: 10pt">$(0.01)</span></td></tr> <tr id="xdx_40C_eus-gaap--EarningsPerShareDiluted_pp2p0_z2kNdzKRSiy6"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Net loss per share — diluted</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">$(0.01)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">$0.00</span></td> <td id="xdx_981_eus-gaap--EarningsPerShareDiluted_pp2p0_c20260101__20260331_z4na8Z82PAB8" style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify" title="Net income (loss) per share-diluted"><span style="font-size: 10pt">$(0.01)</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Effect on the consolidated statement of cash flows</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Six months ended June 30, 2025</p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="background-color: #F2F4F7"> <td style="border: #B8C0C8 1pt solid; width: 40%; text-align: justify"><span style="font-size: 10pt">Line item</span></td> <td id="xdx_491_20250101__20250630__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_zwc2hUmLvnE8" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Previously Reported</span></td> <td id="xdx_49D_20250101__20250630__srt--RestatementAxis__srt--RevisionOfPriorPeriodErrorCorrectionAdjustmentMember_zQABkRzKx6Mb" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">Adjustment</span></td> <td id="xdx_499_20250101__20250630_zo1ojmKYi6F7" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Restated</span></td></tr> <tr id="xdx_40E_eus-gaap--NetIncomeLoss_pn3n3_zvsnEKifwxw7"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Net income</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$2,747</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">830</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">3,577</span></td></tr> <tr id="xdx_40D_eus-gaap--IncreaseDecreaseInInventories_iN_pn3n3_di_ztJE8MqWZfZ3"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Inventories, net</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">435</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(830)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(395)</span></td></tr> <tr id="xdx_40B_eus-gaap--NetCashProvidedByUsedInOperatingActivities_pn3n3_znmNfZ1nGzx9"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Net cash used in operating activities</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(7,875)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1174">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(7,875)</span></td></tr> <tr id="xdx_40F_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_pn3n3_ziESDD5LFrYh"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Net increase in cash</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">2,699</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1178">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">2,699</span></td></tr> <tr id="xdx_404_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_iE_pn3n3_zPvewSY5dSJk"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Cash at end of period</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$4,108</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1182">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">$4,108</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Effect on stockholders’ equity</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="background-color: #F2F4F7"> <td style="border: #B8C0C8 1pt solid; width: 40%; text-align: justify"><span style="font-size: 10pt">Line item</span></td> <td id="xdx_4B2_srt--RestatementAxis_srt--ScenarioPreviouslyReportedMember_zEYbJl4E0Ale" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Previously Reported</span></td> <td id="xdx_4BB_srt--RestatementAxis_srt--RevisionOfPriorPeriodErrorCorrectionAdjustmentMember_zkrRXJUjtMi8" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">Adjustment</span></td> <td id="xdx_4BE_zRNUJmg8M6N9" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Restated</span></td></tr> <tr id="xdx_439_c20241231__us-gaap--StatementEquityComponentsAxis__us-gaap--RetainedEarningsMember_eus-gaap--StockholdersEquity_iI_pn3n3_znLs5APVfO6d"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Accumulated deficit — December 31, 2024</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$(100,428)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(4,593)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">$(105,021)</span></td></tr> <tr id="xdx_43D_c20241231_eus-gaap--StockholdersEquity_iI_pn3n3_z0SEZZWqEPga"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Total stockholders’ equity — December 31, 2024</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">14,946</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(4,593)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">10,353</span></td></tr> <tr id="xdx_434_c20250101__20250331_eus-gaap--NetIncomeLoss_pn3n3_z18kdrxOjlt5"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Q1 2025 net income</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">80</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">263</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">343</span></td></tr> <tr id="xdx_43F_c20250401__20250630_eus-gaap--NetIncomeLoss_pn3n3_zjDIQxNps9Xd"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Q2 2025 net income</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">2,667</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">566</span></td> <td id="xdx_981_eus-gaap--NetIncomeLoss_pn3n3_c20250401__20250630_zXY6NHsPQzE4" style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify" title="Net income (loss)"><span style="font-size: 10pt">3,233</span></td></tr> <tr id="xdx_436_c20250630__us-gaap--StatementEquityComponentsAxis__us-gaap--RetainedEarningsMember_eus-gaap--StockholdersEquity_iI_pn3n3_zMJTBwTMSBg9"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Accumulated deficit — June 30, 2025</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(97,681)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(4,505)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(102,186)</span></td></tr> <tr id="xdx_43E_c20250630_eus-gaap--StockholdersEquity_iI_pn3n3_z4qsWuxcK4ug"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Total stockholders’ equity — June 30, 2025</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">18,188</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(3,764)</span></td> <td id="xdx_987_eus-gaap--StockholdersEquity_iI_pn3n3_c20250630_zNU690p9Sur1" style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify" title="Total stockholders' equity"><span style="font-size: 10pt">14,424</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p></div> <p id="xdx_8AF_z3zGKT50LA4g" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The cumulative pretax inventory overstatement at December 31, 2024 was <span id="xdx_905_eus-gaap--InventoryNet_iNI_pn3n3_di_c20241231__srt--RestatementAxis__srt--RevisionOfPriorPeriodErrorCorrectionAdjustmentMember_zFYREaRdKTE8" title="Inventories, net">$4,613</span>. The corresponding opening-equity adjustment must be stated net of the final income-tax effect and must be aligned with the earliest period presented after the complete December 31, 2023 bridge is available.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Related disclosures</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company has updated Note 7 Inventories, net to present corrected inventory by class. The Company also evaluated the effects of the restatement on its debt arrangements, liquidity disclosures and classification of obligations; see Note 6 for additional information.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="sol10qa007a"></span><b>Independent Accountant Review Not Completed</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> The Company's independent registered public accounting firm has not completed its review of the accompanying interim financial statements in accordance with the standards of the Public Company Accounting Oversight Board.  Accordingly, these unaudited interim financial statements should be considered “not reviewed."</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> The Company is filing this Quarterly Report on Form 10-Q prior to completion of the auditor’s review. Upon completion of the review, and if necessary, the Company intends to file an amendment to this Form 10-Q to include any required updates and remove this disclosure regarding the incomplete review.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"> </p> <p id="xdx_895_eus-gaap--ScheduleOfErrorCorrectionsAndPriorPeriodAdjustmentsTextBlock_zv1a7kx7P8lf" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><span id="xdx_8BC_zye5DnOlKFQi">The effects of the restatement on the previously issued financial statements presented or otherwise required to be disclosed in this Quarterly Report are set forth below.</span> “As Previously Reported” amounts are derived from the applicable filed financial statements. “Adjustment” amounts reflect the correction of the inventory-costing errors and the related income-tax and per-share effects. Certain amounts may not sum due to rounding.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Effect on the consolidated balance sheet</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">December 31, 2025</p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="background-color: #F2F4F7"> <td style="border: #B8C0C8 1pt solid; width: 40%; text-align: justify"><span style="font-size: 10pt">Line item</span></td> <td id="xdx_49A_20251231__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_zto1VvvsnuQ9" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Previously Reported</span></td> <td id="xdx_496_20251231__srt--RestatementAxis__srt--RevisionOfPriorPeriodErrorCorrectionAdjustmentMember_zoUrLqD19ky5" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">Adjustment</span></td> <td id="xdx_49E_20251231_zzMjqHWJow66" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Restated</span></td></tr> <tr id="xdx_40E_eus-gaap--InventoryNet_iI_pn3n3_zw8ZfMe3XRyf"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Inventories, net</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$18,511</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$(3,548)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$14,963</span></td></tr> <tr id="xdx_40A_eus-gaap--AssetsCurrent_iI_pn3n3_z4jsmUVYp0xg" style="background-color: #FAFBFC"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Total current assets</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">28,776</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(3,548)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">25,228</span></td></tr> <tr id="xdx_40E_eus-gaap--Assets_iI_pn3n3_zQqElIcj5uD2"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Total assets</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">50,055</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(3,548)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">46,507</span></td></tr> <tr id="xdx_405_eus-gaap--RetainedEarningsAccumulatedDeficit_iI_pn3n3_z9P4a90cPrH"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Accumulated deficit</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(98,638)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(3,548)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(102,186)</span></td></tr> <tr id="xdx_40E_eus-gaap--StockholdersEquity_iI_pn3n3_z33vrQk5LlO6"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Total stockholders’ equity</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">17,634</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(3,548)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">14,086</span></td></tr> <tr id="xdx_408_eus-gaap--LiabilitiesAndStockholdersEquity_iI_pn3n3_zJHZOz88W8Sa"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Total liabilities and stockholders’ equity</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">50,055</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(3,548)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">46,507</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Effect on the consolidated statements of operations</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Three months ended June 30, 2025</p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="background-color: #F2F4F7"> <td style="border: #B8C0C8 1pt solid; width: 40%; text-align: justify"><span style="font-size: 10pt">Line item</span></td> <td id="xdx_49E_20250401__20250630__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_zjTClLNCfiJ" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Previously Reported</span></td> <td id="xdx_490_20250401__20250630__srt--RestatementAxis__srt--RevisionOfPriorPeriodErrorCorrectionAdjustmentMember_z29SY7y7IWQ4" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">Adjustment</span></td> <td id="xdx_492_20250401__20250630_zykKwSvvYvMj" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Restated</span></td></tr> <tr id="xdx_402_eus-gaap--CostOfGoodsAndServicesSold_pn3n3_zxHjwhRLOEm"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Cost of revenue</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$14,482</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(566)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">13,916</span></td></tr> <tr id="xdx_40E_eus-gaap--GrossProfit_pn3n3_zCBBgh2pFS79"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Gross profit</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">5,877</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">566</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">6,443</span></td></tr> <tr id="xdx_40F_eus-gaap--ResearchAndDevelopmentExpense_pn3n3_zjKGfJ9C1cEl"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Research and development expense</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">955</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0991">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">955</span></td></tr> <tr id="xdx_403_eus-gaap--SellingGeneralAndAdministrativeExpense_pn3n3_zDwsfoNYviIj"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Selling, general and administrative expense</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">3,012</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0995">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">3,012</span></td></tr> <tr id="xdx_406_eus-gaap--OperatingIncomeLoss_pn3n3_zq6pYjYjEaej"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Operating income</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">1,910</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">553</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">2,476</span></td></tr> <tr id="xdx_408_eus-gaap--InterestIncomeExpenseNonoperatingNet_iN_pn3n3_di_zeT6CzEPbldk"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Interest expense, net</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">87</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1003">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">87</span></td></tr> <tr id="xdx_402_eus-gaap--OtherNonoperatingIncome_pn3n3_zPY3W20VXP3h"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Other income, net</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">1,234</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1007">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">1,234</span></td></tr> <tr id="xdx_40D_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_zKlPTj5TPngj"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Income before income taxes</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">3,057</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">553</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">3,623</span></td></tr> <tr id="xdx_409_eus-gaap--IncomeTaxExpenseBenefit_pn3n3_zk3H4Tuuqjla"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Provision for income taxes</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">390</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1015">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">390</span></td></tr> <tr id="xdx_409_eus-gaap--NetIncomeLoss_pn3n3_z19V5Zn45U4d"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Net income</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">2,667</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">566</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">3,233</span></td></tr> <tr id="xdx_40D_eus-gaap--EarningsPerShareBasic_pp2p0_zGhpVpEsU2"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Net income per share — basic</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$0.04</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1023">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">$0.04</span></td></tr> <tr id="xdx_400_eus-gaap--EarningsPerShareDiluted_pp2p0_zgqqFNQxwFpd"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Net income per share — diluted</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$0.04</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1027">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">$0.04</span></td></tr> <tr id="xdx_40F_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pp0p0_zCfQ9Gj9rgT5"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Weighted-average shares — basic</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">70,200,039</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1031">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">70,200,039</span></td></tr> <tr id="xdx_40F_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pp0p0_zuds70yf5Xsg"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Weighted-average shares — diluted</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">72,580,679</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1035">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">72,580,679</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Six months ended June 30, 2025</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="background-color: #F2F4F7"> <td style="border: #B8C0C8 1pt solid; width: 40%; text-align: justify"><span style="font-size: 10pt">Line item</span></td> <td id="xdx_493_20250101__20250630__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_z1YPTaBd3AZ2" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Previously Reported</span></td> <td id="xdx_496_20250101__20250630__srt--RestatementAxis__srt--RevisionOfPriorPeriodErrorCorrectionAdjustmentMember_z9TWe9xFuK94" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">Adjustment</span></td> <td id="xdx_498_20250101__20250630_zqB2wJuazW61" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Restated</span></td></tr> <tr id="xdx_402_eus-gaap--CostOfGoodsAndServicesSold_pn3n3_zg5D9hrbjcL"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Cost of revenue</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$25,725</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(830)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">24,895</span></td></tr> <tr id="xdx_40E_eus-gaap--GrossProfit_pn3n3_zQPWxQoDGEhb"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Gross profit</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">9,259</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">830</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">10,089</span></td></tr> <tr id="xdx_40F_eus-gaap--ResearchAndDevelopmentExpense_pn3n3_zQAZe31Jf8hb"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Research and development expense</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">1,973</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1048">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">1,973</span></td></tr> <tr id="xdx_403_eus-gaap--SellingGeneralAndAdministrativeExpense_pn3n3_zvcXXIb6wT6d"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Selling, general and administrative expense</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">5,120</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1052">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">5,120</span></td></tr> <tr id="xdx_406_eus-gaap--OperatingIncomeLoss_pn3n3_zGWMdjsYDUeg"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Operating income</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">2,166</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">830</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">2,996</span></td></tr> <tr id="xdx_405_eus-gaap--InterestIncomeExpenseNonoperatingNet_iN_pn3n3_di_zJhydlunyNZk"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Interest expense, net</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">263</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1060">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">263</span></td></tr> <tr id="xdx_402_eus-gaap--OtherNonoperatingIncome_pn3n3_zJKCNiKGrZNk"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Other income, net</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">1,234</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1064">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">1,234</span></td></tr> <tr id="xdx_40D_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_zMwgu0TqsaG5"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Income before income taxes</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">3,137</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">830</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">3,967</span></td></tr> <tr id="xdx_409_eus-gaap--IncomeTaxExpenseBenefit_pn3n3_zJMRWTM9ynil"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Provision for income taxes</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">390</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1072">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">390</span></td></tr> <tr id="xdx_409_eus-gaap--NetIncomeLoss_pn3n3_zUFKcP9GMygg"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Net income</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">2,747</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">830</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">3,577</span></td></tr> <tr id="xdx_40D_eus-gaap--EarningsPerShareBasic_pp2p0_z6zLmCnsYiVk"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Net income per share — basic</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$0.04</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">$0.01</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">$0.05</span></td></tr> <tr id="xdx_400_eus-gaap--EarningsPerShareDiluted_pp2p0_zY6pKgw8ZqGh"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Net income per share — diluted</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">$0.04</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">$0.01</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">$0.05</span></td></tr> <tr id="xdx_40F_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pp0p0_ztGeAEGpoKc6"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Weighted-average shares — basic</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">70,151,928</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1088">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">70,151,928</span></td></tr> <tr id="xdx_40F_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pp0p0_z051r3wMdNk8"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Weighted-average shares — diluted</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">72,497,929</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1092">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">72,497,929</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Effect on the previously issued first-quarter 2026 financial statements</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">March 31, 2026 — consolidated balance sheet</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="background-color: #F2F4F7"> <td style="border: #B8C0C8 1pt solid; width: 40%; text-align: justify"><span style="font-size: 10pt">Line item</span></td> <td id="xdx_491_20260331__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_z3h8ULkZfmDd" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Previously Reported</span></td> <td id="xdx_498_20260331__srt--RestatementAxis__srt--RevisionOfPriorPeriodErrorCorrectionAdjustmentMember_zW5kF6MstVg8" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">Adjustment</span></td> <td id="xdx_497_20260331_z1b3mWvtwyd9" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Restated</span></td></tr> <tr id="xdx_40E_eus-gaap--InventoryNet_iI_pn3n3_zGNVxcuD7n9l"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Inventories, net</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$17,559</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$(3,744)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$13,815</span></td></tr> <tr id="xdx_40A_eus-gaap--AssetsCurrent_iI_pn3n3_zbuMzMY0keW9" style="background-color: #FAFBFC"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Total current assets</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">26,413</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(3,744)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">22,672</span></td></tr> <tr id="xdx_40E_eus-gaap--Assets_iI_pn3n3_zF5O38cLbod9"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Total assets</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">47,794</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(3,744)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">44,050</span></td></tr> <tr id="xdx_405_eus-gaap--RetainedEarningsAccumulatedDeficit_iI_pn3n3_zS6xvOQasze8"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Accumulated deficit</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(99,404)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(3,744)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(103,148)</span></td></tr> <tr id="xdx_40E_eus-gaap--StockholdersEquity_iI_pn3n3_zZC5PSMu4117"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Total stockholders’ equity</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">16,967</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(3,744)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">13,223</span></td></tr> <tr id="xdx_408_eus-gaap--LiabilitiesAndStockholdersEquity_iI_pn3n3_zxxWnw7j0KEf"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Total liabilities and stockholders’ equity</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">47,794</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(3,744)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">44,050</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p> <div><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Three months ended March 31, 2026 — consolidated statement of operations</p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="background-color: #F2F4F7"> <td style="border: #B8C0C8 1pt solid; width: 40%; text-align: justify"><span style="font-size: 10pt">Line item</span></td> <td id="xdx_495_20260101__20260331__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_zDNHAI7tIFl3" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Previously Reported</span></td> <td id="xdx_49D_20260101__20260331__srt--RestatementAxis__srt--RevisionOfPriorPeriodErrorCorrectionAdjustmentMember_zQdKckOaRCNk" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">Adjustment</span></td> <td id="xdx_496_20260101__20260331_zYftZ52RQBie" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Restated</span></td></tr> <tr id="xdx_402_eus-gaap--CostOfGoodsAndServicesSold_pn3n3_zl9gcKU7yBj3"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Cost of revenue</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$9,620</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">196</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">9,816</span></td></tr> <tr id="xdx_40E_eus-gaap--GrossProfit_pn3n3_zP18wg3MOSb8"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Gross profit</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">3,337</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(196)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">3,141</span></td></tr> <tr id="xdx_40F_eus-gaap--ResearchAndDevelopmentExpense_pn3n3_zGk5FIAql0l3"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Research and development expense</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">1,042</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1128">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">1,042</span></td></tr> <tr id="xdx_403_eus-gaap--SellingGeneralAndAdministrativeExpense_pn3n3_zB7CHSm6dEmd"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Selling, general and administrative expense</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">2,799</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1132">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">2,799</span></td></tr> <tr id="xdx_406_eus-gaap--OperatingIncomeLoss_pn3n3_zS0X0GYcLLs2"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Operating loss</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(504)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(196)</span></td> <td id="xdx_988_eus-gaap--OperatingIncomeLoss_pn3n3_c20260101__20260331_zLNjkHkjRZnj" style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify" title="Operating income (loss)"><span style="font-size: 10pt">(700)</span></td></tr> <tr id="xdx_40D_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pn3n3_zqLSCSzi0hf2"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Loss before income taxes</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">(766)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(196)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(962)</span></td></tr> <tr id="xdx_409_eus-gaap--IncomeTaxExpenseBenefit_pn3n3_zKxZMheJoJw7"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Provision for income taxes</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1145">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1146">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1147">—</span></span></td></tr> <tr id="xdx_409_eus-gaap--NetIncomeLoss_pn3n3_zQe7izXXt6if"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Net loss</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">(766)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(196)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(962)</span></td></tr> <tr id="xdx_40D_eus-gaap--EarningsPerShareBasic_pp2p0_zh8fASr5tzd2"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Net loss per share — basic</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$(0.01)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">$0.00</span></td> <td id="xdx_988_eus-gaap--EarningsPerShareBasic_pp2p0_c20260101__20260331_ze3jpFzP08bi" style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify" title="Net income (loss) per share-basic"><span style="font-size: 10pt">$(0.01)</span></td></tr> <tr id="xdx_40C_eus-gaap--EarningsPerShareDiluted_pp2p0_z2kNdzKRSiy6"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Net loss per share — diluted</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">$(0.01)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">$0.00</span></td> <td id="xdx_981_eus-gaap--EarningsPerShareDiluted_pp2p0_c20260101__20260331_z4na8Z82PAB8" style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify" title="Net income (loss) per share-diluted"><span style="font-size: 10pt">$(0.01)</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Effect on the consolidated statement of cash flows</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Six months ended June 30, 2025</p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="background-color: #F2F4F7"> <td style="border: #B8C0C8 1pt solid; width: 40%; text-align: justify"><span style="font-size: 10pt">Line item</span></td> <td id="xdx_491_20250101__20250630__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_zwc2hUmLvnE8" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Previously Reported</span></td> <td id="xdx_49D_20250101__20250630__srt--RestatementAxis__srt--RevisionOfPriorPeriodErrorCorrectionAdjustmentMember_zQABkRzKx6Mb" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">Adjustment</span></td> <td id="xdx_499_20250101__20250630_zo1ojmKYi6F7" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Restated</span></td></tr> <tr id="xdx_40E_eus-gaap--NetIncomeLoss_pn3n3_zvsnEKifwxw7"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Net income</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$2,747</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">830</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">3,577</span></td></tr> <tr id="xdx_40D_eus-gaap--IncreaseDecreaseInInventories_iN_pn3n3_di_ztJE8MqWZfZ3"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Inventories, net</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">435</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(830)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(395)</span></td></tr> <tr id="xdx_40B_eus-gaap--NetCashProvidedByUsedInOperatingActivities_pn3n3_znmNfZ1nGzx9"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Net cash used in operating activities</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(7,875)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1174">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(7,875)</span></td></tr> <tr id="xdx_40F_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_pn3n3_ziESDD5LFrYh"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Net increase in cash</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">2,699</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1178">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">2,699</span></td></tr> <tr id="xdx_404_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_iE_pn3n3_zPvewSY5dSJk"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Cash at end of period</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$4,108</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1182">—</span></span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">$4,108</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Effect on stockholders’ equity</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="background-color: #F2F4F7"> <td style="border: #B8C0C8 1pt solid; width: 40%; text-align: justify"><span style="font-size: 10pt">Line item</span></td> <td id="xdx_4B2_srt--RestatementAxis_srt--ScenarioPreviouslyReportedMember_zEYbJl4E0Ale" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Previously Reported</span></td> <td id="xdx_4BB_srt--RestatementAxis_srt--RevisionOfPriorPeriodErrorCorrectionAdjustmentMember_zkrRXJUjtMi8" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">Adjustment</span></td> <td id="xdx_4BE_zRNUJmg8M6N9" style="border-top: #B8C0C8 1pt solid; border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; width: 20%; text-align: justify"><span style="font-size: 10pt">As Restated</span></td></tr> <tr id="xdx_439_c20241231__us-gaap--StatementEquityComponentsAxis__us-gaap--RetainedEarningsMember_eus-gaap--StockholdersEquity_iI_pn3n3_znLs5APVfO6d"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Accumulated deficit — December 31, 2024</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">$(100,428)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(4,593)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">$(105,021)</span></td></tr> <tr id="xdx_43D_c20241231_eus-gaap--StockholdersEquity_iI_pn3n3_z0SEZZWqEPga"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Total stockholders’ equity — December 31, 2024</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">14,946</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(4,593)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">10,353</span></td></tr> <tr id="xdx_434_c20250101__20250331_eus-gaap--NetIncomeLoss_pn3n3_z18kdrxOjlt5"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Q1 2025 net income</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">80</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">263</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">343</span></td></tr> <tr id="xdx_43F_c20250401__20250630_eus-gaap--NetIncomeLoss_pn3n3_zjDIQxNps9Xd"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Q2 2025 net income</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">2,667</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">566</span></td> <td id="xdx_981_eus-gaap--NetIncomeLoss_pn3n3_c20250401__20250630_zXY6NHsPQzE4" style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify" title="Net income (loss)"><span style="font-size: 10pt">3,233</span></td></tr> <tr id="xdx_436_c20250630__us-gaap--StatementEquityComponentsAxis__us-gaap--RetainedEarningsMember_eus-gaap--StockholdersEquity_iI_pn3n3_zMJTBwTMSBg9"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">Accumulated deficit — June 30, 2025</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; text-align: justify"><span style="font-size: 10pt">(97,681)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(4,505)</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(102,186)</span></td></tr> <tr id="xdx_43E_c20250630_eus-gaap--StockholdersEquity_iI_pn3n3_z4qsWuxcK4ug"> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; border-left: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">Total stockholders’ equity — June 30, 2025</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; background-color: #FAFBFC; text-align: justify"><span style="font-size: 10pt">18,188</span></td> <td style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify"><span style="font-size: 10pt">(3,764)</span></td> <td id="xdx_987_eus-gaap--StockholdersEquity_iI_pn3n3_c20250630_zNU690p9Sur1" style="border-right: #B8C0C8 1pt solid; border-bottom: #B8C0C8 1pt solid; vertical-align: top; text-align: justify" title="Total stockholders' equity"><span style="font-size: 10pt">14,424</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p></div> 18511000 -3548000 14963000 28776000 -3548000 25228000 50055000 -3548000 46507000 -98638000 -3548000 -102186000 17634000 -3548000 14086000 50055000 -3548000 46507000 14482000 -566000 13916000 5877000 566000 6443000 955000 955000 3012000 3012000 1910000 553000 2476000 -87000 -87000 1234000 1234000 3057000 553000 3623000 390000 390000 2667000 566000 3233000 0.04 0.04 0.04 0.04 70200039 70200039 72580679 72580679 25725000 -830000 24895000 9259000 830000 10089000 1973000 1973000 5120000 5120000 2166000 830000 2996000 -263000 -263000 1234000 1234000 3137000 830000 3967000 390000 390000 2747000 830000 3577000 0.04 0.01 0.05 0.04 0.01 0.05 70151928 70151928 72497929 72497929 17559000 -3744000 13815000 26413000 -3744000 22672000 47794000 -3744000 44050000 -99404000 -3744000 -103148000 16967000 -3744000 13223000 47794000 -3744000 44050000 9620000 196000 9816000 3337000 -196000 3141000 1042000 1042000 2799000 2799000 -504000 -196000 -700000 -700000 -766000 -196000 -962000 -766000 -196000 -962000 -0.01 0.00 -0.01 -0.01 -0.01 0.00 -0.01 -0.01 2747000 830000 3577000 -435000 830000 395000 -7875000 -7875000 2699000 2699000 4108000 4108000 -100428000 -4593000 -105021000 14946000 -4593000 10353000 80000 263000 343000 2667000 566000 3233000 3233000 -97681000 -4505000 -102186000 18188000 -3764000 14424000 14424000 -4613000 Since July 2014, we have maintained a bank-issued letter of credit for up to $30 in borrowings, with interest at the prime rate plus 1%, to support our obligations under our Romeoville, Illinois facility lease agreement. No borrowings have been incurred under this promissory note. It is our intention to renew this note annually. Because there were no amounts outstanding on the note at any time during 2026 or 2025, we have recorded no related liability on our condensed consolidated balance sheet. On December 21, 2021, the existing credit agreement with Libertyville was converted for use to support our obligations under our newly leased manufacturing and warehouse space in Bolingbrook, Illinois. Interest on drawn balances will be at the prime rate plus 1%. This credit agreement has a maturity of December 22, 2026. We expect to renew this agreement annually, as the lease requires. This credit agreement is secured by all the unencumbered assets of the Company and has superior collateral rights to those credit facilities with Beachcorp, LLC and Strandler, LLC. On January 28, 2022, the Company entered into an Amended and Restated Business Loan Agreement (the “A&R Loan Agreement”), which amends and restates the Master Agreement between the Company and Beachcorp, LLC, and a new promissory note in order to evidence the A/R Revolver facility, including an amendment to expand the limit on the A/R Revolver Facility from $6,000 to $8,000, reduce the interest rate to the prime rate plus 0.75%, and extend the maturity of the A/R Revolver Facility to March 31, 2024. On March 1, 2024, the Company entered into a Second Amendment to the Amended and Restated Business Loan Agreement extending the maturity of the A/R Revolver Facility to October 1, 2025. On May 27, 2025, the Company entered into a Third Amendment to the Amended and Restated Business Loan Agreement to expand the limit on the A/R Revolver Facility from $8,000 to $12,000, and extend its maturity to April 30, 2027. On January 28, 2022, the Company entered into the A&R Loan Agreement and a new revolving loan agreement (“Inventory Facility”) with Beachcorp, LLC, and a new promissory note in order to evidence the Inventory Facility. The maximum borrowing amount under the Inventory Facility was $4,000, with a borrowing base consisting of up to 50% of the value of qualified inventory of the Company. The interest rate for the Inventory Revolver is at the prime rate plus 0.75%, and it was set to mature on March 31, 2024. On November 13, 2023, the Company entered into a Replacement Promissory Note with Beachcorp, LLC replacing the Inventory Facility promissory note executed on January 28, 2022. The maximum borrowing amount under the replacement Inventory Facility was increased to $5,200, with a borrowing base consisting of up to 55% of the value of qualified inventory of the Company. The interest rate for the replacement Inventory Revolver remains at the prime rate plus 0.75%. On March 1, 2024, the company entered into a Second Amendment to the Business Loan Agreement extending the maturity of the Inventory Revolver Facility to October 1, 2025. On May 27, 2025, the Company entered into a Third Amendment to the Business Loan Agreement to expand the limit on the Inventory Revolver Facility from $5,200 to $10,000, and extend its maturity to April 30, 2027. As described below in Note 11 (Restatement of Previously Issued Consolidated Financial Statements), the Company recently identified errors in its historical accounting for labor and overhead included in inventories.  As a result, inventories were overstated in past borrowing base calculations under the Inventory Facility.  Effective August 17, 2026, Beachcorp, LLC provided a waiver of all breaches and defaults under the Inventory Facility as a result of the foregoing up to a maximum of $3,000 in overstated inventory. The Company does not expect there to be any prospective impact on the compliance or availability of the Inventory Facility. On January 28, 2022, the Company entered into an additional Business Loan Agreement (the “New Term Loan Agreement”) with Strandler, LLC, which effectively transferred or assigned the Term Loan to Strandler, LLC from Beachcorp, LLC. Interest on the New Term Loan is at the prime rate plus 0.75%. Strandler, LLC is also an affiliate of Bradford T. Whitmore. On March 1, 2024, the company entered into a Second Amendment to the Business Loan Agreement extending the maturity of the Term Maturity Note to October 1, 2025. On May 27, 2025, the Company entered into a Third Amendment to the Business Loan Agreement extending the maturity of the Term Maturity Note to April 30, 2027.