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Business Segmentation and Geographical Distribution (Tables)
 12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
The Chief Operating Decision Maker uses gross profit and net income to evaluate Company performance and in what way to allocate resources. Significant segment expenses, which are the same as the entity as a whole, are as follows:

The Chief Operating Decision Maker uses gross profit and net income to evaluate Company performance and in what way to allocate resources. Significant segment expenses, which are the same as the entity as a whole, are as follows:

 

             
   As of December 31, 
   2024   2023 
Total revenue  $52,347   $37,297 
           
Employee costs   12,933    10,811 
Contractors and professional services   7,815    6,588 
Materials and supplies   15,559    14,669 
Depreciation   928    742 
Interest expense   670    838 
Other income   (2)   (4)
Tax expense   318    101 
Facilities   3,413    2,870 
Shipping   1,193    760 
Testing   917    1,078 
IT services   1,091    1,060 
Insurance   785    721 
Manufacturing other expense   992    604 
Selling, general and administrative other expense   1,500    849 
Total Expense   48,112    41,687 
           
Net Income (loss)  $4,235   $(4,390)
The revenues for 2024 and 2023 by category are as follows:

Our operations comprise a single business segment and all of our long-lived assets are located within the United States. We categorize our revenue stream into three main product categories, personal care ingredients, advanced materials and consumer products. The revenues for 2024 and 2023 by category are as follows:

 

  

For the years ended

December 31

 
Product Category  2024   2023 
Consumer Products  $44,373   $25,211 
Personal Care Ingredients   6,827    9,277 
Advanced Materials   1,147    2,809 
Total Sales  $52,347   $37,297