XML 88 R20.htm IDEA: XBRL DOCUMENT

Concentrations

12 Months Ended

Dec. 31, 2013

Concentrations [Abstract]

CONCENTRATIONS

NOTE 14 – CONCENTRATIONS

Customers

No customer accounted for 10% or more of the Company’s revenues during the years ended December 31, 2013 and 2012.

Suppliers

The following table sets forth information as to each supplier that accounted for 10% or more of the Company’s purchases for the years ended December 31, 2013 and 2012.

	Years Ended December 31,
Supplier	2013	2012
A	27%	21%
B	*	12%
C	*	18%

* Less than 10%.

The largest supplier accounted for 10.2% of the Company’s total outstanding accounts payable at December 31, 2013. The three largest suppliers accounted for 18.7% of the Company’s total outstanding accounts payable at December 31, 2012.

- Definition

The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.

+ References+ Details