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Concentration of Credit Risk
3 Months Ended
Mar. 31, 2020
Risks and Uncertainties [Abstract]  
Concentration of Credit Risk

Note 8 – Concentration of Credit Risk

 

The following table summarizes credit risk with respect to customers as percentage of sales for the three month periods ended March 31, 2020 and 2019:

 

   Three months ended
March 31,
 
   2020   2019 
Customer A   12%   14%
Customer B   10%   - 
Customer C   -    10%
Customer D   -    12%

  

The following table summarizes credit risk with respect to customers as percentage of accounts receivable:

 

   March 31.   December 31, 
   2020   2019 
Customer A   12%   19%
Customer B   17%   - 
Customer C   -    17%
Customer D   -    - 
Customer E   13%   11%
Customer F   10%    

 

The following table summarizes credit risk with respect to vendors as percentage of purchases for the three-month periods ended March 31, 2020 and 2019:

 

   Three months ended March 31, 
   2020   2019 
Vendor A   54%   - 
Vendor B   16%   - 
Vendor C   -    35%

 

The following table summarizes credit risk with respect to vendors as percentage of accounts payable:

 

   March 31,   December 31, 
   2020   2019 
Vendor A   85%   84%