v3.26.3
Major Customers
9 Months Ended
Sep. 30, 2026
Concentration Risks, Types, No Concentration Percentage [Abstract]  
Major Customers MAJOR CUSTOMERS
The Company had four major customers during the nine months ended September 30, 2026, BRP, Inc. ("BRP"), International Motors, LLC (“International”), PACCAR, Inc. ("PACCAR") and Volvo Group North America, LLC ("Volvo"). Major customers are defined as customers whose revenue individually consist of more than ten percent of the Company's total revenue during any annual or interim reporting period presented. The loss of a significant portion of revenue to these customers could have a material adverse effect on the Company.
The following table presents sales revenue for the above-mentioned customers for the three and nine months ended September 30, 2026 and 2025 (in thousands):
Three months ended
September 30,
Nine months ended
September 30,
2026202520262025
BRP product revenue$7,778 $8,942 $30,902 $23,514 
BRP tooling project revenue915 3,648 1,278 4,408 
Total BRP revenue8,693 12,590 32,180 27,922 
International product revenue14,243 8,968 35,548 33,273 
International tooling project revenue172 5 201 14,619 
Total International revenue14,415 8,973 35,749 47,892 
PACCAR product revenue9,949 5,611 26,339 22,904 
PACCAR tooling project revenue192 — 192 321 
Total PACCAR revenue10,141 5,611 26,531 23,225 
Volvo product revenue751 1,164 2,356 9,031 
Volvo tooling project revenue22,876 — 22,876 — 
Total Volvo revenue23,627 1,164 25,232 9,031 
Other product revenue32,106 29,493 88,034 88,101 
Other tooling project revenue1,255 604 3,823 2,950 
Total other revenue33,361 30,097 91,857 91,051 
Total product revenue64,827 54,178 183,179 176,823 
Total tooling project revenue25,410 4,257 28,370 22,298 
Total revenue$90,237 $58,435 $211,549 $199,121