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REVENUE RECOGNITION (Tables)
 12 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Revenue by Customer Type
Table 3.1: Revenue by Customer Type
For the Year Ended December 31,
20252024
Amount%Amount%
(dollars in thousands)
Federal government$150,038 91.0%$94,951 87.7%
State & local government, and commercial14,767 9.0%13,321 12.3%
Total revenue$164,805 $108,272 
Table 3.2: Revenue by Contract Type
For the Year Ended December 31,
20252024
Amount%Amount%
(dollars in thousands)
Firm fixed-price$120,811 73.3%$81,541 75.3%
Time-and-materials35,861 21.8%15,839 14.6%
Cost plus fixed-fee8,133 4.9%10,892 10.1%
Total revenue$164,805 $108,272 
A majority of the Company's revenue was derived under prime contracts and subcontracts with agencies and departments of the U.S. federal government. No other customer accounted for 10% or more of the Company's revenue during fiscal years ended December 31, 2025, and 2024.
Schedules of Concentration of Risk, by Risk Factor
Table 3.3: Revenue Concentrations Greater than 10% of Total Revenue
For the Year Ended December 31,
20252024
(in thousands)
Federal government:
Security Solutions segment$134,839 $63,495 
Secure Networks segment15,199 31,456 
Total$150,038 $94,951 
Schedule of Contract Balances
Table 3.4: Contract Balances
As of December 31,
Balance Sheet Presentation20252024
(in thousands)
Billed account receivables (1)
Accounts receivable, net$9,375 $10,014 
Unbilled account receivablesAccounts receivable, net6,962 5,412 
Contract assetsAccounts receivable, net663 3,746 
Contract liabilities – currentContract liabilities – current portion11,223 6,838 
Contract liabilities – non-currentContract liabilities – non-current portion1,124 — 
(1) Net of allowance for credit losses.