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CONCENTRATION OF CREDIT RISK AND MAJOR CUSTOMERS
12 Months Ended
Dec. 31, 2024
Risks and Uncertainties [Abstract]  
CONCENTRATION OF CREDIT RISK AND MAJOR CUSTOMERS CONCENTRATION OF CREDIT RISK AND MAJOR CUSTOMERS
The Company is potentially subject to financial instrument concentration of credit risk through its cash, cash equivalents, restricted cash, marketable securities and accounts receivable. The Company places its cash, cash equivalents, restricted cash and marketable securities with high quality institutions and performs periodic evaluations of their relative credit standing.
Accounts receivable can be potentially exposed to a concentration of credit risk with its major customers. As of December 31, 2024 and 2023, amounts due from one customer represented approximately 43% and 40%, respectively, of the total accounts receivable balance.
In the years ended December 31, 2024, 2023 and 2022, one customer accounted for approximately 48%, 40% and 37%, respectively, of our net revenues.