Annual report pursuant to Section 13 and 15(d)

Major Customers

v3.8.0.1
Major Customers
12 Months Ended
Dec. 31, 2017
Major Customers [Abstract]  
Major Customers

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.