Concentrations
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12 Months Ended |
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Dec. 31, 2013
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Concentrations | |
Concentrations | 9. Concentrations.
Major Customers. During the year ended December 31, 2013, one customer accounted for 31% of the Company’s total net sales. At December 31, 2013, this customer represented 47% of the Company’s total accounts receivable. Additionally, another customer accounted for 14% of the Company’s total accounts receivable as of December 31, 2013. During the year ended December 31, 2012, one customer accounted for 30% of the Company’s total net sales. At December 31, 2012, this customer represented 43% of the Company’s total accounts receivable.
Although there are a number of customers that the Company sells to, the loss of a major customer could adversely affect operating results. Additionally, the loss of a major retailer from the Company’s retail network could adversely affect operating results.
Export Sales. Export sales accounted for less than 1% of total net sales during the years ended December 31, 2013 and 2012. |