Major Customers |
9 Months Ended |
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Sep. 30, 2015 | |
Major Customers [Abstract] | |
Major Customers |
Note 16 - Major Customers
For the three months ended September 30, 2015, two customers each generated more than 10% of the Companys product revenue. In aggregate, sales to these customers accounted for 54% of the Companys product revenue.
For the nine months ended September 30, 2015, two customers each generated more than 10% of the Companys product revenue. In aggregate, sales to these customers accounted for 65% of the Companys product revenue. As of September 30, 2015, the amount due from these two customers was $397,589. This concentration makes the Company vulnerable to a near-term severe impact should the relationships be terminated.
For the three months ended September 30, 2014, two customers each generated more than 10% of the Companys product revenue. Sales to these customers accounted for 70% of the Companys product revenue.
For the nine months ended September 30, 2014, three customers each generated more than 10% of the Companys product revenue. In aggregate, sales to these customers accounted for 82% of the Companys product revenue. As of September 30, 2014, the amount due from these customers was $2,461,017. |
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- References No definition available.
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- Definition The entire disclosure for major customers [Text Block] No definition available.
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