Revenue and Grant Income

3 Months Ended

Mar. 31, 2026

Revenue and Grant Income

Revenue and Grant Income

Note 5 – Revenue and Grant Income

The Company receives revenue and grant income from both government and non-government entities. Government revenue and grant income includes both revenue and grant income from collaborative arrangements. Non-government revenue includes both revenue from collaborative arrangements and electrolyte sales. The table below sets forth revenue and grant income by type for the three months ended March 31, 2026 and 2025.

	Three Months Ended March 31,
	2026		2025
Government - revenue	$	134	$	663
Government - grant income		968		891
Non-government revenue		1,971		4,462
Total revenue and grant income	$	3,073	$	6,016