XML 29 R19.htm IDEA: XBRL DOCUMENT v3.7.0.1
Concentrations
3 Months Ended
Mar. 31, 2017
Concentrations [Abstract]  
CONCENTRATIONS

NOTE 14 – CONCENTRATIONS

 

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 months ended March 31, 2017 and 2016.

 

  Three Months Ended
March 31,
 
Supplier 2017  2016 
A  18%  * 
B  11%  * 
C  *   19%
D  *   17%
E  *   13%
F  *   12%
G  *   10%

 

* Less than 10%

 

No customer accounted for 10% or more of the Company’s total outstanding accounts receivable at March 31, 2017 and one customer accounted for 11% of the Company’s total outstanding accounts receivable at December 31, 2016.

 

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 months ended March 31, 2017 and 2016.

 

  Three Months Ended
March 31,
 
Supplier 2017  2016 
A  31%  * 
B  12%  * 
C  12%  * 
D  *   23%
E  *   18%

 

* Less than 10%.

 

Two largest suppliers (who accounted for 10% or more of the Company’s total outstanding accounts payable at March 31, 2017) accounted for 33% of the Company’s total outstanding accounts payable at March 31, 2017. No supplier accounted for 10% or more of the Company’s total outstanding accounts payable at December 31, 2016.