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Major Customers and Accounts Receivable
6 Months Ended
Jun. 30, 2017
Risks and Uncertainties [Abstract]  
Major Customers and Accounts Receivable
Major Customers and Accounts Receivable
Major customers are those customers that account for more than 10% of revenues or accounts receivable. For the three and six months ended June 30, 2017, 24% of revenues were derived from one major Nexsan Business customer and the accounts receivable from this customer represented 13% of total accounts receivable as of June 30, 2017. The loss of this customer could have a material adverse effect on the Company’s operations.
For the three months ended June 30, 2016, 34% of revenues were derived from two major Nexsan Business customers and for the six months ended June 30, 2016, 23% of revenues were derived from one major Nexsan Business customer. The accounts receivable from these customers represented 18% of total accounts receivable as of December 31, 2016.