Major Customer and Geographic Information

6 Months Ended

Jun. 30, 2016

Major Customer and Geographic Information [Abstract]

Major Customer and Geographic Information

Note 10. Major Customer and Geographic Information

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

	Three Months ended June 30						Six Months ended June 30
	2016			2015			2016			2015
Customer A		17	%		64	%		37	%		59	%
Customer B		24	%		16	%		23	%		20	%
Customer C		29	%		–			12	%		–

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

	June 30			December 31
	2016			2015
Customer A		21	%		31	%
Customer B		29	%		25	%
Customer C		17	%		–

The Company performs ongoing credit evaluations of its customers and generally does not require collateral. The Company also maintains allowances for potential credit losses. The loss of a major customer could have a material adverse effect on the Company’s business operations and financial condition.

The Company’s revenues by geographic region are as follows:

	Three Months ended June 30				Six Months ended June 30
	2016		2015		2016		2015
North America	$	100,400	$	109,000	$	226,400	$	198,600
Asia		95,600		207,700		245,000		306,500
Australia		7,400		–		14,800		–
	$	203,400	$	316,700	$	486,200	$	505,100