12. Customer Concentration

Significant dealers are those that account for greater than 10% of the Company’s revenues and purchases.

During the three months ended March 31, 2026, four individual dealers each represented over 10% of the Company’s total sales and together represented 80% of total sales. During the three months ended March 31, 2025, two individual dealers represented over 10% of the Company’s total sales and together represented 54% of total sales.