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CUSTOMER AND SUPPLIER CONCENTRATION
12 Months Ended
Dec. 31, 2025
Risks and Uncertainties [Abstract]  
CUSTOMER AND SUPPLIER CONCENTRATION CUSTOMER AND SUPPLIER CONCENTRATION
Significant customers and suppliers are those that account for greater than 10% of the Company’s revenues and purchases.
For the years ended December 31, 2025 and December 31, 2024, the Company’s revenues were not concentrated with one or more customers.
For the years ended December 31, 2025 and December 31, 2024, the Company’s purchases were concentrated among one vendor.
VendorTotal purchases
from the vendor
as a percentage of
total cost of
revenues for
the year ended
December 31,
2025
Accounts payable
(prepayment) to
the vendor as of
December 31,
2025
(in thousands)
Total purchases
from the vendors
as a percentage
of total cost of
revenues for
the year ended
December 31,
2024
Accounts payable
(prepayment) to
the vendors as of
December 31,
2024
(in thousands)
139 %$13,007 51 %$16,059 
The Company believes there are numerous other suppliers that could be substituted should the above supplier become unavailable or non-competitive.