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Subsequent Events
3 Months Ended
Mar. 31, 2026
Subsequent Events  
Subsequent Events

Note 15 – Subsequent Events

Effective April 10, 2026, the Company achieved the site acceptance testing milestone under its line installation agreement with SK On. As a result of achieving this milestone, the Company obtained an unconditional right to consideration in accordance with the terms of the line installation agreement and the Company’s revenue recognition policies. On the date of achievement, the Company reclassified $8.9 million from contract assets to accounts receivable.