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MAJOR CUSTOMERS

12 Months Ended

Dec. 31, 2025

MAJOR CUSTOMERS

MAJOR CUSTOMERS

(18) MAJOR CUSTOMERS

The following customers contributed 10% or more of the Company’s revenue in at least one of the years ended December 31, 2025, 2024 and 2023:

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​	​	​	​	​	​	​	​
​	​	Year ended December 31,
​	​ ​ ​	2025	​ ​ ​	2024	​ ​ ​	2023
Verizon Communications Inc.	​	17	%	14	%	11	%
​	​	​	​	​	​	​	​

​

At December 31, 2025 and 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.

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- Definition

The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.

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