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Customer Concentration
12 Months Ended
Dec. 31, 2020
Customer Concentration [Abstract]  
Customer Concentration

Note 12 – Customer Concentration

 

During the years ended December 31, 2020 and 2019, the Company had net sales to each of three major customers that constituted in excess of 10% of its net sales. Net sales to these three customers respectively represented approximately 41.5% (16.0%, 15.0%, and 10.5%) and 43.2% (21.7%, 11.2%, and 10.3%) of the Company's net sales, respectively, for the years ended December 31, 2020 and 2019. 

 

At December 31, 2020 and 2019, three customers constituted at least 10% of the Company's gross trade accounts receivable. The gross trade accounts receivable balances for these customers represented approximately 63.6% (28.8%, 21.1%, and 13.7%) and 56.8% (28.0%, 15.3%, and 13.5%) of the Company's gross trade accounts receivable, respectively, at December 31, 2020, and 2019.