Quarterly report [Sections 13 or 15(d)]

Concentration

v3.26.1
Concentration
3 Months Ended
Mar. 31, 2026
Risks and Uncertainties [Abstract]  
Concentration

Note 15. Concentration

 

As of March 31, 2026 and December 31, 2025, and for the three months ended March 31, 2026 and 2025, 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,  
    2026     2025     2026     2025  
Bechtel     - %     25 %     1 %     9 %
Craig Technologies     48 %     23 %     85 %     86 %
Lonestar Data Holdings, Inc     23 %     - %     9 %     - %
Xiomas Technologies     - %     15 %     - %     - %
Teledyne Marine     16 %     - %     4 %     - %
Total (as a group)     87 %     63 %     100 %     95 %