v3.26.3
Concentrations
9 Months Ended
Sep. 30, 2026
Risks and Uncertainties [Abstract]  
Concentrations Concentrations
Customer Concentrations
For the three months ended September 30, 2026, one customer accounted for 59% of the Company’s revenues. For the three months ended September 30, 2025, two customers accounted for 54% and 11% of the Company’s revenues. For the nine months ended September 30, 2026, one customer accounted for 58% of the Company’s revenues. For the nine months ended September 30, 2025, two customers accounted for 46% and 12% of the Company’s revenues.
As of September 30, 2026, one customer accounted for 67% of the Company’s accounts receivable. As of December 31, 2025, two customers accounted for 38% and 18% of the Company’s accounts receivable.
Supplier Concentrations
For the three months ended September 30, 2026, one supplier accounted for 38% of the Company’s total purchases. For the three months ended September 30, 2025, two suppliers accounted for 33% and 23% of the Company’s total purchases. For the nine months ended September 30, 2026, one supplier accounted for 33% of the Company’s total purchases. For the nine months ended September 30, 2025, one supplier accounted for 47% of the Company’s total purchases.
As of September 30, 2026, two suppliers accounted for 22% and 13% of the Company’s accounts payable. As of December 31, 2025, one supplier accounted for 71% of the Company’s accounts payable.