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Concentrations
3 Months Ended
Mar. 31, 2018
Concentrations [Abstract]  
CONCENTRATIONS

NOTE 16 – CONCENTRATIONS

 

Customers

 

Two customers accounted for approximately 65% (55% and 10%) of the Company’s revenues for the three months ended March 31, 2018 and two customers accounted for approximately 29% (18% and 11%) of the Company’s revenues for the three months ended March 31, 2017.

 

One customer accounted for 10% of the Company’s total outstanding accounts receivable at March 31, 2018 and no customer accounted for 10% of the Company’s total outstanding accounts receivable at December 31, 2017.

 

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, 2018 and 2017.  

  Three Months Ended
March 31,
 
Supplier 2018  2017 
A  -   18%
B  *   11%
C  22%  - 
D  22%  - 
E  18%  * 
F  12%  * 

 

* Less than 10%.

 

Two suppliers accounted for approximately 27% (13% and 14%) of the Company’s total outstanding accounts payable at March 31, 2018. One supplier accounted for approximately 15% of the Company’s total outstanding accounts payable at December 31, 2017.