Concentrations

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

10. Concentrations

The Company maintains deposits in financial institutions which are insured by the Federal Deposit Insurance Corporation ("FDIC").  At various times, the Company has deposits in these financial institutions in excess of the amount insured by the FDIC.

During the year ended December 31, 2016, three suppliers represented 43%, 17% and 16% of total inventory purchases. During the year ended December 31, 2015, two suppliers represented 63% and 11% of total inventory purchases.

As of December 31, 2016, the Company has included $936,777 in its accounts payable-trade in the consolidated balance sheets related to amounts in litigation.  See Note 9 - Commitments and Contingent Liabilities for additional information.  Excluding this amount, no Company supplier was owed an amount greater than 10% of the Company's accounts payable balance.