Summary of Significant Accounting Policies (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2026

Dec. 31, 2025

Summary of Significant Accounting Policies [Abstract]

Schedule of Allowance for Credit Losses

The activity for the allowance for credit losses during the six months ended June 30, 2026 and 2025 is set forth in the table below:

		Balance at Beginning of Period			Charged to Expenses			Deductions from the Allowance				Balance at End of Period
Six Months ended June 30, 2026 Allowance for Credit Losses		$	464,000		$	165,000		$	(75,000	)		$	554,000
Six Months ended June 30, 2025 Allowance for Credit Losses		$	396,000		$	28,000		$	(56,000	)		$	368,000

Schedule of Inventories

Inventories consist of the following at:

		June 30, 2026			December 31, 2025
Raw Materials		$	6,641,000		$	7,306,000
Work In Progress			19,815,000			17,072,000
Semi-Finished Goods			9,503,000			9,206,000
Final-Finished Goods			740,000			677,000
Total Inventory		$	36,699,000		$	34,261,000

Schedule of Credit and Concentration Risks

The composition of customers that exceeded 10% of net sales for the three months ended June 30, 2026 and 2025 are shown below:

Customer		Percentage of Net Sales
Customer		2026			2025
Lockheed Martin		28.1	%		27.5	%
RTX(a)		25.4	%		44.3	%
Ontic		10.8	%		2.5	%

____________

(a) RTX includes Collins Landing Systems and Collins Aerostructures

The composition of customers that exceeded 10% of net sales for the six months ended June 30, 2026 and 2025 are shown below:

Customer		Percentage of Net Sales
Customer		2026			2025
Lockheed Martin		31.5	%		33.4	%
RTX(a)		26.9	%		36.7	%

____________

(a) RTX includes Collins Landing Systems and Collins Aerostructures

The composition of customers that exceed 10% of accounts receivable at June 30, 2026 and December 31, 2025 are shown below:

Customer		Percentage of Net Receivables
Customer		June 30, 2026			December 31, 2025
RTX(a)		37.8	%		39.8	%
Ontic		18.2	%		7.6	%
Fokker		12.1	%		7.2	%
Lockheed Martin		8.6	%		11.9	%

____________

(a) RTX includes Collins Landing Systems and Collins Aerostructures

The composition of customers that exceeded 10% of net sales for the years ended December 31, 2025 or 2024 are shown below:

		Percentage of Net Sales
Customer		2025			2024
RTX(A)		36.2	%		29.3	%
Lockheed Martin		32.3	%		25.1	%
Northrop		6.7	%		18.3	%

The composition of customers that exceeded 10% of accounts receivable at December 31, 2025 or 2024 are shown below:

		Percentage of Net Receivables
Customer		2025			2024
RTX(A)		39.8	%		38.2	%
Lockheed		11.9	%		8.6	%
Ontic		7.6	%		14.6	%
Northrop		1.3	%		11.0	%

____________

(A) RTX includes Collins Landing Systems and Collins Aerostructures

Schedule of Revenue from Contracts with Customers

The following table summarizes revenue from contracts with customers for the three and six months ending June 30, 2026 and 2025:

Product		Three Months Ended						Six Months Ended
Product		June 30, 2026			June 30, 2025			June 30, 2026			June 30, 2025
Military		$	8,164,000		$	6,831,000		$	15,810,000		$	15,171,000
Commercial			3,831,000			5,828,000			7,791,000			9,631,000
Total		$	11,995,000		$	12,659,000		$	23,601,000		$	24,802,000

The following table summarizes revenue from contracts with customers for the years ended December 31, 2025 and 2024:

Product		December 31, 2025			December 31, 2024
Military		$	27,921,000		$	38,498,000
Commercial			20,000,000			16,610,000
Total		$	47,921,000		$	55,108,000

Schedule of Reconciles Cash and Restricted Cash

The following table reconciles cash and restricted cash reported with the condensed consolidated balance sheets to the total amount shown in the condensed consolidated statements of cash flows:

		December 31, 2025			December 31, 2024
Cash		$	680,000		$	753,000
Restricted Cash			3,930,000			—
Total cash and restricted cash		$	4,610,000		$	753,000

Schedule of Anti-Dilutive Due to the Net Loss Incurred

The following securities have been excluded from the calculation as the exercise price was greater than the average market price of the common stock and because the effect of including these potential shares was anti-dilutive due to net loss incurred during the period:

		Three Months Ended				Six Months Ended
		June 30, 2026		June 30, 2025		June 30, 2026		June 30, 2025
Stock Options		395,453		374,503		395,453		374,503
Restricted Stock Units		60,086		190,418		60,086		190,418
Convertible Notes Payable		361,700		361,700		361,700		361,700
		817,239		926,621		817,239		926,621

The following securities have been excluded from the calculation as the exercise price was greater than the average market price of the common stock and because the effect of including these potential shares was anti-dilutive due to the net loss incurred during that period:

		December 31, 2025		December 31, 2024
Stock Options		425,703		417,003
Restricted Stock units		188,418		282,628
Convertible notes payable		361,700		405,800
		975,821		1,105,431