v3.26.1
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Schedule of Concentration of Risk
For each significant customer, revenue as a percentage of total revenue are as follows:
For the Three Months Ended June 30,For the Six Months Ended June 30,
Customers2026202520262025
Customer A9 %35 %14 %44 %
Customer B36 %38 %39 %23 %
Customer C— %11 %— %14 %
Customer D35 %— %25 %— %
Customer E10 %— %8 %— %
Schedule of Cash
The following table provides a reconciliation of cash and restricted cash reported within the condensed consolidated balance sheets that sum to the total of the same amounts shown in the condensed consolidated statements of cash flows:
June 30, 2026December 31, 2025
Cash$19,967,188 $11,712,493 
Restricted cash19,925,104 — 
Total cash and restricted cash shown in the condensed consolidated statements of cash flows$39,892,292 $11,712,493 
Schedule of Restricted Cash
The following table provides a reconciliation of cash and restricted cash reported within the condensed consolidated balance sheets that sum to the total of the same amounts shown in the condensed consolidated statements of cash flows:
June 30, 2026December 31, 2025
Cash$19,967,188 $11,712,493 
Restricted cash19,925,104 — 
Total cash and restricted cash shown in the condensed consolidated statements of cash flows$39,892,292 $11,712,493 
Schedule of Accounts Receivable Credit Loss
The following table represents the impact of the CECL allowance on accounts receivable:
Balance as of
January 1, 2025
Provision for
credit losses
Recoveries
collected
Balance as of
December 31, 2025
Provision for credit losses$3,617 $— $(1,354)$2,263 
Balance as of
January 1, 2026
Provision for
credit losses
Recoveries
collected
Balance as of
June 30, 2026
Provision for credit losses$2,263 $362,870 $— $365,133