XML 74 R36.htm IDEA: XBRL DOCUMENT v3.25.4
Operating segments
12 Months Ended
Dec. 31, 2025
Operating Segments [Abstract]  
Operating segments Operating segments:
The Corporation operates in a single operating segment, Fuel Cell Products and Services, which consists of the sale of PEM fuel cell products and services for a variety of applications, including Heavy-Duty Mobility (consisting of bus, truck, rail, and marine applications), Stationary Power, and Emerging and Other Markets (consisting of material handling, off-road, and other applications). Revenues from the delivery of services, including technology solutions, after sales services and training, are included in each of the respective markets.

In 2025, revenues included sales to three individual customers of $18,239,000, $16,919,000 and $16,244,000 respectively, which exceeded 10% of total revenue. In 2024, revenues included sales to two individual customers of $20,176,000 and $10,451,000, respectively, which exceeded 10% of total revenue.
Revenues from continuing operations by geographic area, which are attributed to countries based on customer location for the years ended December 31, are as follows:
Revenues20252024
United States$32,281 $14,995 
Poland21,572 21,655 
Canada17,885 3,002 
Germany8,410 4,184 
United Kingdom8,204 12,774 
Egypt3,512 154 
Spain1,876 260 
China1,545 2,631 
Netherlands1,185 668 
Denmark342 2,157 
France317 4,023 
Other countries2,241 3,228 
$99,370 $69,731 
Non-current assets by geographic area are as follows:
December 31,December 31,
Non-current assets20252024
Canada$76,664 $63,883 
United States3,539 4,322 
Denmark742 1,975 
China10 8,249 
$80,955 $78,429