CONCENTRATIONS

12 Months Ended

Dec. 31, 2017

Concentrations

NOTE 21 - CONCENTRATIONS

Major customers

Four customers accounted for 100.0% and 87.6% of the trade receivables balance as of December 31, 2017 and 2016, respectively.

Customers that accounted for greater than 10% of revenues from sales of goods in any of the last three years were as follows:

In Thousands of US Dollars
Description	2017		2016		2015
Customer A	$	62	$	7	$	25
Customer C	$	90	$	10	$	12

One customer accounted for 100% of licensing revenues during the years ended December 31, 2015 (refer to note 9).