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Major Customers and Concentration of Credit Risk
6 Months Ended
Jun. 30, 2017
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 June 30, 2017 and 2016, the following customers accounted for the following percentages of the Company’s revenues, respectively:

 

Customer   2017     2016  
A     16 %     10 %
B     14 %     2 %
C     12 %     5 %
D     12 %     19 %

 

For the six months ended June 30, 2017 and 2016, the following customers accounted for the following percentages of the Company’s revenues, respectively:

 

Customer   2017     2016  
A     21 %     14 %
B     13 %     23 %
C     11 %     10 %
D     11 %     8 %

 

As of June 30, 2017 and December 31, 2016, the following customers accounted for the following percentages of the Company’s accounts receivable, respectively:

 

Customer   2017     2016  
A     22 %     36 %
B     13 %     12 %
C     13 %     6 %

 

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 $27,000 and $50,000 as of June 30, 2017 and December 31, 2016, respectively.