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Financial Instruments
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
NOTE 8 - Financial Instruments

Concentration of Customer Risk

 

The following table includes the percentage of the Company's sales to significant customers for the three months ended March 31, 2017 and 2016, as well as the balance included in accounts receivable for each significant customer as at March 31, 2017 and 2016. A customer is considered to be significant if they account for greater than 10% of the Company's annual sales.

 

    2017     2016  
    $     %     $     %  
Customer A     4,415       66.0       49,020       47.4  
Customer B     298       10.6       552       10.2  
Customer C     3,882       9.3       2,092       13.5  
Customer D     -       -       3       11.0  
                                 
      8,595       85.9       51,667       82.1  

 

The loss of any of these key customers could have an adverse effect on the Company's business.