v3.25.1
MAJOR CUSTOMER AND CONCENTRATION OF CREDIT RISK
12 Months Ended
Dec. 31, 2024
Risks and Uncertainties [Abstract]  
MAJOR CUSTOMER AND CONCENTRATION OF CREDIT RISK

11. MAJOR CUSTOMER AND CONCENTRATION OF CREDIT RISK

 

Sales to the Company’s two largest customers were 53% and 23%, respectively, of total sales for the year ended December 31, 2024, and 70% and 24%, respectively, of total sales for the year ended December 31, 2023.

 

Accounts receivable from the same customers were 83% and 17%, respectively, of total accounts receivable and unbilled receivables as of December 31, 2024, and 70% and 29%, respectively, of total accounts receivable and unbilled receivables as of December 31, 2023.