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Note 12 - Significant Customers and Concentrations
6 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Concentration Risk Disclosure [Text Block]

NOTE 12 – SIGNIFICANT CUSTOMERS AND CONCENTRATIONS

 

The following table presents customers accounting for 10% or more of the Company’s revenue:

 

  

For the Three Months

  

For the Six Months

 
  

Ended June 30,

  

Ended June 30,

 
  

2025

  

2024

  

2025

  

2024

 

Customer A

  *%  16%  *%  *%

Customer B

  *%  10%  *%  *%

Customer C

  11%  *%  *%  *%

Customer D

  *%  *%  20%  11%

 

* Zero or less than 10%

 

The following table presents customers accounting for 10% or more of the Company’s Accounts receivable:

 

  

June 30,

  

December 31,

 
  

2025

  

2024

 

Customer D

  36%  *%

Customer E

  12%  *%

Customer F

  *%  20%

 

* Zero or less than 10%

 

As of June 30, 2025, approximately 94% of the Company’s assets were located in Denmark, 4% were located in China, and 2% were located in the U.S. As of December 31, 2024, approximately 86% of the Company’s assets were located in Denmark, 0% were located in China, and 14% were located in the U.S.