Major Customer and Geographic Information

12 Months Ended

Dec. 31, 2019

Major Customer and Geographic Information [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
	2019		2018
Customer A		55%		21%
Customer B		18%		59%

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
	2019		2018
Customer A		26%		6%
Customer B		67%		86%

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
	2019		2018
North America	$	856,300	$	2,280,000
South America		–		1,500
Europe		600		200
Asia		1,630,500		1,020,000
Australia		50,000		40,000
	$	2,537,400	$	3,341,700