XML 28 R18.htm IDEA: XBRL DOCUMENT v3.8.0.1
Major Customer and Geographic Information
12 Months Ended
Dec. 31, 2017
Major Customer and Geographic Information [Abstract]  
Major Customer and Geographic Information

12.

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:


 

 

Year ended December 31

 

 

 

2017

 

 

2016

 

Customer A

 

 

43

%

 

 

38

%

Customer B

 

 

26

%

 

 

25

%

Customer C

 

 

9

%

 

 

14

%


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:


 

 

December 31

 

 

 

2017

 

 

2016

 

Customer A

 

 

14

%

 

 

26

%

Customer B

 

 

47

%

 

 

47

%

Customer C

 

 

15

%

 

 

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:


 

 

Year ended December 31

 

 

 

2017

 

 

2016

 

North America

 

$

713,200

 

 

$

608,000

 

South America

 

 

1,500

 

 

 

 

Europe

 

 

300

 

 

 

 

Asia

 

 

822,300

 

 

 

745,900

 

Australia

 

 

29,600

 

 

 

29,600

 

 

 

$

1,566,900

 

 

$

1,383,500