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Concentration
6 Months Ended
Jun. 30, 2016
Concentration [Abstract]  
CONCENTRATION

NOTE 13 – CONCENTRATION

 

Customers

 

The following table sets forth information as to each customer that accounted for 10% or more of the Company’s revenues for the three and six months ended June 30, 2016 and 2015.

 

  Three Months Ended June 30,  Six Months Ended June 30, 
Customer 2016  2015  2016  2015 
A  16%  *   *   * 
B  14%  *   *   * 
C  11%  *   *   * 
D  10%  *   *   * 
E  *   *   11%  * 
F  *   *   10%  * 
G  *   21%  *   10%

 

*Less than 10%.

 

No customer accounted for 10% of the Company’s total outstanding accounts receivable at June 30, 2016 and December 31, 2015. At December 31, 2015, the Company had a dispute with its largest customer and the accounts receivable from its largest customer was fully reserved.

 

Suppliers

 

The following table sets forth information as to each supplier that accounted for 10% or more of the Company’s inventories purchases for the three and six months ended June 30, 2016 and 2015.

 

  Three Months Ended June 30,  Six Months Ended June 30, 
Supplier 2016  2015  2016  2015 
A  12%  27%  18%  24%
B  11%  *   13%  * 
C  *   *   *   12%

 

*Less than 10%.

 

The two largest suppliers accounted for 9.8% of the Company’s total outstanding accounts payable at June 30, 2016. Three largest suppliers accounted for 13.6% of the Company’s total outstanding accounts payable at December 31, 2015.