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CUSTOMER CONCENTRATION
6 Months Ended
Jun. 30, 2025
CLOUD COMPUTING SERVICE CONTRACT  
CUSTOMER CONCENTRATION

NOTE 16. CUSTOMER CONCENTRATION

 

The Company had certain customers whose accounts receivable balances individually represented 10% or more of the Company’s accounts receivable, or whose sales for the three and six months represented 10% or more of the Company’s revenue.

 

One customer accounted for 10% of net revenue for the three months ended June 30, 2025. Two customers accounted for 54% of net revenue for the three months ended June 30, 2024.

 

There were no customers who accounted for 10% or more of net revenue for the six months ended June 30, 2025. Two customers accounted for 41% of net revenue for the six months ended June 30, 2024.

 

As of June 30, 2025, one customer accounted for 21% of our gross accounts receivable. As of December 31, 2024, two customers accounted for 25% of our gross accounts receivable.