v3.26.3
Revenues
9 Months Ended
Sep. 30, 2026
Revenues [Abstract]  
REVENUES
3. REVENUES

 

Revenue is attributed to the region of the contracting entity, which may differ from the customer’s location. All revenue attributed to the Americas was generated in the United States. Revenue was $2,282 and $272,552 for the three months ended September 30, 2026 and 2025, respectively, and $3,722 and $311,344 for the nine months ended September 30, 2026 and 2025, respectively.

 

Deferred Revenue

 

Deferred revenue represents amounts invoiced or received from customers in advance of the Company satisfying its related performance obligations under ASC 606, Revenue from Contracts with Customers. Deferred revenue is recognized as revenue as the Company transfers control of the promised products or services to the customer. The current portion of deferred revenue represents amounts expected to be recognized as revenue within twelve months of the balance sheet date; the long-term portion represents amounts expected to be recognized beyond twelve months, based on the performance and delivery terms of the underlying contracts. Short-term deferred revenue totaled $9,128 and $0 as of September 30, 2026 and December 31, 2025, respectively. Long-term deferred revenue totaled $15,214 and $0 as of September 30, 2026 and December 31, 2025, respectively.