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Note 12 - Significant Customers and Concentrations
9 Months Ended
Sep. 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 Nine Months

 
   

Ended September 30,

   

Ended September 30,

 
   

2025

   

2024

   

2025

   

2024

 

Customer A

    13 %     * %     * %     * %

Customer B

    * %     12 %     * %     * %

Customer C

    * %     * %     15 %     * %
                                 

 

* Zero or less than 10%

 

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

 

   

September 30,

   

December 31,

 
   

2025

   

2024

 

Customer C

    24 %     * %

Customer D

    13 %     * %

Customer E

    11 %     * %

 

* Zero or less than 10%

 

As of September 30, 2025, approximately 95% of the Company’s assets were located in Denmark, 4% were located in China, and 1% 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.