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MAJOR CUSTOMERS
9 Months Ended
Sep. 30, 2025
MAJOR CUSTOMERS  
MAJOR CUSTOMERS

(14) MAJOR CUSTOMERS

The following customers contributed 10% or more of the Company’s revenue in the three and nine months ended September 30, 2025 and 2024:

Three months ended

Nine months ended

 

September 30, 

September 30, 

September 30, 

September 30, 

    

2025

    

2024

    

2025

    

2024

 

    

Verizon Communications Inc.

18

%

15

%

18

%

13

%

Bharti Telecom Limited

10

%

*

*

*

* Less than 10% of total revenue

At September 30, 2025 and December 31, 2024, no customer accounted for 10% or more of the Company’s accounts receivable balance. The Company performs ongoing credit evaluations of its customers and generally does not require collateral on accounts receivable. The Company maintains an allowance for doubtful accounts and such losses have historically been within management’s expectations.