Major Customer and Geographic Information

6 Months Ended

Jun. 30, 2017

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
	2017			2016			2017			2016
Customer A		47	%		29	%		40	%		12	%
Customer B		20	%		24	%		24	%		23	%
Customer C		12	%		17	%		12	%		37	%

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
	2017			2016
Customer A		44	%		26	%
Customer B		25	%		47	%
Customer C		14	%		5	%

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
	2017		2016		2017		2016
North America	$	136,700	$	100,400	$	311,800	$	226,400
Europe		200		–		200		–
Asia		215,300		95,600		374,200		245,000
Australia		7,400		7,400		14,800		14,800
	$	359,600	$	203,400	$	701,000	$	486,200