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Concentration of Credit Risk
6 Months Ended
Jun. 30, 2025
Risks and Uncertainties [Abstract]  
Concentration of Credit Risk CONCENTRATION OF CREDIT RISK

 

We do not currently have any debt obligations with variable interest rates.

 

For both the three and six months ended June 30, 2025 and 2024, we had two customers, CIC and OML, both of which are related parties (see Note 5 – Related Party Transactions), that accounted for 100% of our total revenue. These same two customers accounted for 100% and 23.6% of the total accounts receivable balance as of June 30, 2025 and December 31, 2024, respectively.

 

As of both June 30, 2025 and December 31, 2024, the Company held cash in financial institutions that were over the federally insured limits. The Company has not incurred losses on these accounts.