Financial Instruments

6 Months Ended

Jun. 30, 2017

Notes to Financial Statements

NOTE 9 - Financial Instruments

Concentration of Customer Risk

The following table includes the percentage of the Company's sales to significant customers for the six months ended June 30, 2017 and 2016. A customer is considered to be significant if they account for greater than 10% of the Company's sales for the reporting period.

Six months ended June 30:

	2017				2016
	$		%		$		%
Customer A		98,859		58.2		50,953		42.7
Customer B		25,465		15.0		19,266		16.1
		124,324		73.2		70,219		58.8

Three months ended June 30:

	2017				2016
	$		%		$		%
Customer A		32,054		49.7		6,624		25.6
Customer B		16,023		24.8		6,624		25.6
		48,077		74.5		13,248		51.2

The loss of any of these key customers could have an adverse effect on the Company's business. As of June 30, 2017, $5,176 (2016 - $5,854) was included in accounts receivable from the companies identified above, representing 48% (2016 - 49%) of the Company's accounts receivable as of that date.