Note 12 - Significant Customers / Concentration

12 Months Ended

Dec. 31, 2020

Notes to Financial Statements

Concentration Risk Disclosure [Text Block]

NOTE 12 - SIGNIFICANT CUSTOMERS / CONCENTRATION

The following table presents customers accounting for 10% or more of the Company’s net sales:

	For the Year Ended December 31,
	2020			2019
Customer A		27	%		29	%
Customer B		10	%		15	%
Customer C		-	%		18	%

* Zero or less than 10%

The following table presents customers accounting for 10% or more of the Company’s account receivables:

	December 31, 2020			December 31, 2019
Customer A		39	%		39	%
Customer B		12	%		-	%
Customer D		16	%		-	%
Customer E		-	%		15	%

As of December 31, 2020, approximately 100% and 0% of the Company’s assets were located in Denmark and the United States, respectively. As of December 31, 2019, approximately 91% and 9% of the Company’s assets were located in Denmark and the United States, respectively.