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CUSTOMER AND SUPPLIER CONCENTRATION
 12 Months Ended
Dec. 31, 2024
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 year ended December 31, 2024, the Company's revenues were not concentrated with one or more customers. The Company’s revenues were concentrated with one customer for the year ended December 31, 2023.
CustomerTotal revenues
from the customer
as a percentage of
total revenues
for the year ended
December 31,
2024		Accounts
receivable from
the customer as of
December 31,
2024
(in thousands)		Total revenues
from the customers
as a percentage of
total revenues
for the year ended
December 31,
2023		Accounts
receivable from
the customers as of
December 31,
2023
(in thousands)
1— %$— 10 %$1,762 
The loss of a significant customer or the failure to attract new customers could have a material adverse effect on our business, results of operations and financial condition.
For the year ended December 31, 2024 and December 31, 2023, 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,
2024		Accounts payable
(prepayment) to
the vendor as of
December 31,
2024
(in thousands)		Total purchases
from the vendors
as a percentage
of total cost of
revenues for
the year ended
December 31,
2023		Accounts payable
(prepayment) to
the vendors as of
December 31,
2023
(in thousands)
151 %$16,059 48 %$20,472 
The Company believes there are numerous other suppliers that could be substituted should the above supplier become unavailable or non-competitive.