Quarterly report [Sections 13 or 15(d)]

Concentration

v3.26.1
Concentration
6 Months Ended
Jun. 30, 2026
Risks and Uncertainties [Abstract]  
Concentration

Note 15. Concentration

 

As of June 30, 2026 and December 31, 2025, and for the three and six months ended June 30, 2026 and 2025, customer concentrations (more than 10%) were as follows:

  

   

Percentage of Revenue

For the three months ended

   

Percentage of Revenue

For the six months ended

   

Percentage of

Accounts Receivable

 
    June 30,     June 30,     June 30,     December 31,  
    2026     2025     2026     2025     2026     2025  
Bechtel     1 %     25 %     4 %     37 %     -       9 %
Craig Technologies     9 %     45 %     17 %     43 %     79 %     86 %
Lonestar Data Holdings, Inc     -       -       14 %     -       -       -  
Xiomas Technologies     -       15 %     -       7 %     -       -  
Teledyne Marine     19 %     -       20 %     -       7 %     -  
Total (as a group)     29 %     85 %     55 %     87 %     86 %     95 %