Note 18 - Major Customers

For the year ended December 31, 2017, three customers generated 10% or more of the Company’s revenue. Sales to these customers accounted for 62% of the Company’s revenue. As of December 31, 2017, the amount due from these customers was $1,123,920. This concentration makes the Company vulnerable to a near-term severe impact should the relationships be terminated.

For the year ended December 31, 2016, three customers generated 10% or more of the Company’s revenue. Sales to these customers accounted for 75% of the Company’s revenue. As of December 31, 2016, the amount due from these customers was $490,725.