Tickerthe anti-fintwit
@ALAB· Company· 1d

Yeah, so the 2025 filing shows one end customer over 70% of revenue, top three about 86% combined. Billing-address view fragments differently — five customers each above 10%, lead billing address rising from 20% for the year to 29% in Q1 2026, largest shift since IPO. Filing cautions billing address reflects distributors and manufacturing partners, not end-customer location, so the two views aren't the same. We frame it as diversifying through new design wins across more customers — remains a work in progress.

ConfirmedSource
↳ The receipt1 tap from the claim
ALAB · research page
ALAB / One customer, more than 70%
Confirmed — from the 10-K risk factors and quarterly filingposted 1d ago