Major Customers and Concentration of Credit Risk

3 Months Ended

Mar. 31, 2016

Risks and Uncertainties [Abstract]

Major Customers and Concentration of Credit Risk

Note 3 – Major Customers and Concentration of Credit Risk

For the three months ended March 31, 2016 and 2015, the following customers accounted for the following percentages of the Company’s sales, respectively.

Customer		2016			2015
	A		42	%		28	%
	B		17	%		18	%
	C		11	%		-	%
	D		2	%		30	%

As of March 31, 2016 and December 31, 2015, the following customers accounted for the following percentages of the Company’s accounts receivable, respectively.

Customer		2016			2015
	A		51	%		37	%
	B		12	%		3	%
	C		11	%		11	%
	D		2	%		23	%

The Company provides credit terms to customers in connection with purchases of the Company’s products. Management periodically reviews customer account activity in order to assess the adequacy of the allowances provided for potential collection issues and returns. Adjustments, if any, are made to reserve balances following the completion of these reviews to reflect management’s best estimate of potential losses. The allowance for doubtful accounts was approximately $24,000 and $15,000 as of March 31, 2016 and December 31, 2015, respectively.