Major Customer and Geographic Information

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Major Customer and Geographic Information

12. Major Customer and Geographic Information

Our Company’s revenues, expressed as a percentage of total revenues, from non-affiliated customers that equaled 10% or more of our Company’s total revenues were:

	Year ended December 31
	2023			2022
Customer A		19	%		66	%
Customer B		64	%		19	%

Our Company’s non-affiliate customers whose individual balances amounted to more than 10% of our Company’s net accounts receivable, expressed as a percentage of net accounts receivable, were:

	December 31
	2023			2022
Customer A		82	%		84	%
Customer B		7	%		6	%

Our Company performs ongoing credit evaluations of its customers and generally does not require collateral. Our Company also maintains allowances for potential credit losses. The loss of a major customer could have a material adverse effect on our Company’s business operations and financial condition. Our Company’s revenues by geographic region are as follows:

	Year ended December 31
	2023		2022
North America		591,900		3,331,600
South America		600		1,600
Europe		—		200
Asia		1,439,500		968,000
Australia		51,900		325,800
		2,083,900		4,627,200