Quarterly report [Sections 13 or 15(d)]

Concentration (Tables)

v3.25.1
Concentration (Tables)
3 Months Ended
Mar. 31, 2025
Risks and Uncertainties [Abstract]  
Schedule of customer concentration risk

As of March 31, 2025 and December 31, 2024, and for three months ended March 31, 2025 and 2024, customer concentrations (more than 10%) were as follows:

 

    Percentage of Revenue     Percentage of  
    For the three months ended     Accounts Receivable  
    March 31,     March 31,     December 31,  
    2025     2024     2025     2024  
Bechtel     25 %     29 %     13 %     13 %
Craig Technologies     23 %     24 %     58 %     44 %
Xiomas Technologies     15 %     5 %     2 %     1 %
TNO    

0

%     0 %     9 %     34 %
Total (as a group)     63 %     58 %    

82

%     92 %