Major Customer and Geographic Information

3 Months Ended

Mar. 31, 2018

Major Customer and Geographic Information [Abstract]

Major Customer and Geographic Information

Note 9. 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 March 31
	2018			2017
Customer A		40	%		33	%
Customer B		27	%		28	%
Customer C		15	%		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:

	March 31			December 31
	2018			2017
Customer A		41	%		14	%
Customer B		30	%		47	%
Customer C		17	%		15	%

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 March 31
	2018		2017
North America	$	184,900	$	175,100
South America		1,500		–
Asia		239,000		158,900
Australia		–		7,400
	$	425,400	$	341,400