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Note 10 - Concentration of Credit Risk
6 Months Ended
Jun. 30, 2020
Notes to Financial Statements  
Concentration Risk Disclosure [Text Block]
Note
10
- Concentration of Credit Risk
 
Concentration of credit risk with respect to trade accounts receivable is generally limited due to the large number of entities comprising the Company's customer base. The Company performs ongoing credit evaluations and provides an allowance for potential credit losses against the portion of accounts receivable which is estimated to be uncollectible. Such losses have historically been within management's expectations. During the
six
months ended
June 30, 2020
and
2019,
there was
one
customer whose purchases represented more than
10%
of the Company's consolidated net sales. Sales to these customers for the
six
months ended
June 30, 2020
and
2019
are as follows:
 
   
Three
Months Ended
   
Three
Months Ended
 
   
June 30
, 2020
   
June 30
, 2019
 
Customer
 
Net Sales
   
% of Net
Sales
   
Net Sales
   
% of Net
Sales
 
Customer A
  $
2,508,000
     
43
%   $
2,769,000
     
30
%
 
 
   
Six Months Ended
   
Six Months Ended
 
   
June 30, 2020
   
June 30, 2019
 
Customer
 
Net Sales
   
% of Net
Sales
   
Net Sales
   
% of Net
Sales
 
Customer A
  $
5,675,000
     
44
%   $
6,630,000
     
37
%
 
 
As of
June 30, 2020,
the total amounts owed to the Company by this customer were approximately
$1,757,000
or
25%
of the Company's consolidated net accounts receivable. The amounts owed at
June 30, 2019
by this customer was approximately
$1,044,000
or
15%
of the Company's consolidated net accounts receivable.